what is net asset value (nav)? weegy
Net asset value. Net asset value (NAV) is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds are redeemed at their net asset value. This may also be the same as the book value or the equity value of a business.
Definition: Net asset value(NAV) is the value of a fund's asset less the value of its liabilities per unit. Description: NAV is often associated with mutual funds, and helps an investor determine if the fund is overvalued or undervalued. When we talk of open-end funds, NAV is crucial.