The net asset value, or NAV, of a fund is the per-share value of a fund’s underlying assets at the close of the trading day. It’s different from the market price of an exchange-traded fund, or ETF, ...
Deficit net worth occurs when a person or company’s liabilities exceed their assets, resulting in negative net worth. Learn more about its causes and examples.
An asset constitutes anything that holds monetary value, whether current or future, to a person or organization. Businesses, governments and non-profits all own assets. So do many people. An asset is ...