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Simple English definitions for legal terms

NAV

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A quick definition of NAV:

Term: NAV

Definition: NAV stands for Net Asset Value. It is a measure of the value of a mutual fund or exchange-traded fund (ETF). It tells you how much each share of the fund is worth. NAV is calculated by subtracting the fund's liabilities from its assets and dividing the result by the number of shares outstanding. In simple terms, NAV is like the price of a share in a fund.

A more thorough explanation:

Term: NAV

Definition: NAV stands for Net Asset Value. It is the value of a mutual fund's assets minus its liabilities, divided by the number of shares outstanding. It represents the price per share of the mutual fund.

Example: If a mutual fund has assets worth $100 million and liabilities worth $10 million, and there are 5 million shares outstanding, the NAV would be $18 ($90 million divided by 5 million shares).

Explanation: The NAV is an important metric for investors as it helps them understand the value of their investment in a mutual fund. It is calculated daily and represents the price per share of the mutual fund. If the NAV increases, it means the value of the mutual fund has gone up, and vice versa.

nauticum fenus | navagium

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triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
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I shop at Joe
HopefullyInLawSchool
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Joe's
glovediedthisishismom
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i shop at tawget
glovediedthisishismom
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im dawk gawthic maga
triplethread
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i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
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bodyadaya
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let it rock
14:17
How are the vibes heading into thanksgiving yall?
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