Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

NAV

Read a random definition: venia

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
LSD+ is ad-free, with DMs, discounts, case briefs & more.