English version

net asset value

From Longman Business Dictionary
Related topics: Finance
net asset valueˌnet ˈasset ˌvalue written abbreviation NAV [uncountable]1ACCOUNTINGFINANCEthe value of a company’s assets, less its liabilities except to shareholders at a particular time. Net asset value is used as an indicator of how much a company is worth to a buyer SYN NET WORTHStock analysts have written down the bank’s net asset value by a substantial sum.2[countable, uncountable]FINANCE the value of the investments of a MUTUAL FUND (=a financial institution that invests its shareholders’ money in other companies) at a particular timeIf the net asset value of the trust were £50 million and there were 5 million units in existence, then the net asset value of one unit would be £10. value
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