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LSDefine

Simple English definitions for legal terms

net asset value

Read a random definition: letter rogatory

A quick definition of net asset value:

Net Asset Value: The value of a share in a mutual fund, which is calculated by subtracting the fund's liabilities from its total assets and dividing the result by the number of outstanding shares. It tells you how much each share is worth.

A more thorough explanation:

Net asset value (NAV) is the market value of a share in a mutual fund. It is calculated by subtracting any liabilities of the fund from its total assets and dividing the difference by the number of outstanding fund shares. NAV is also known as asset value.

  • Bond fund: A mutual fund that invests primarily in specialized corporate bonds or municipal bonds.
  • Income fund: A mutual fund that typically invests in securities that consistently produce a steady income, such as bonds or dividend-paying stocks.
  • Index fund: A mutual fund that invests in the stock of companies constituting a specific market index, such as Standard & Poor's 500 stocks, and thereby tracks the stock average.
  • Money-market fund: A mutual fund that invests in low-risk government securities and short-term notes.
  • No-load fund: A mutual fund that does not charge any sales commission (although it may charge fees to cover operating costs).

These examples illustrate how mutual funds can have different investment strategies and goals. For example, bond funds invest in bonds, income funds focus on generating income, index funds track a specific market index, money-market funds invest in low-risk securities, and no-load funds do not charge sales commissions. The NAV of each mutual fund reflects the value of its underlying assets and liabilities.

net assets | net balance

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
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
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