From Longman Business Dictionarynet asset valueˌnet ˈasset ˌvalue written abbreviation NAV [uncountable]1ACCOUNTINGFINANCEthe value of a company’s assets, less its liabilities except to shareholders at a particular time. Net asset value is used as an indicator of how much a company is worth to a buyerSYNNET WORTHStock analysts have written down the bank’s net asset value by a substantial sum.2[countable, uncountable]FINANCE the value of the investments of a MUTUAL FUND (=a financial institution that invests its shareholders’ money in other companies) at a particular timeIf the net asset value of the trust were £50 million and there were 5 million units in existence, then the net asset value of one unit would be £10. → value
