펀드나 기업의 총자산에서 부채를 뺀 금액을 발행 주식 수로 나눈 순자산 가치.
The total value of an entity's assets minus the total value of its liabilities, typically calculated for mutual funds or ETFs.
예문:
"The fund's NAV is calculated at the end of each trading day based on closing prices."
"When the market price is higher than the NAV, the ETF is said to be trading at a premium."
"Investors use the NAV to determine if a mutual fund is overvalued or undervalued."