net asset value

(redirected from Liquidation value)
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net asset value

n. Abbr. NAV
The market value of all securities owned by a mutual fund, minus its total liabilities, divided by the number of shares issued.

net asset value

n
(Accounting & Book-keeping) the total value of the assets of an organization less its liabilities and capital charges. Abbreviation: NAV

net′ as′set val`ue


n.
the price of a share in a mutual fund, equal to the total value of the fund's securities divided by the number of shares outstanding.
Abbr.: NAV
References in periodicals archive ?
The court noted Yildiz's initial position in favor of liquidation value and subsequent attempt to use the cost approach were both inconsistent with the 1977 US Supreme Court decision in Associates Commercial Corp.
The market-to-book ratio is designed to estimate the relation between going concern and liquidation values, where the book value of assets is used as a proxy for the liquidation value of the firm.
Liquidation values in a specific case will generally vary from the fair market values found in appraisals because of the specific circumstances unique to a particular plan of disposal.
In the case of a transferred partnership interest, the IRS may throw out a minority discount and require valuation based on the liquidation value of the partnership interest, since some state statutes provide for the partnership's termination upon the withdrawal of a partner.
Further, the organizations have suggested that a common definition of "liquidation value" be adopted by bank regulatory agencies for use in loan workouts, and that there be a restriction on marking any loan to the liquidation value.
Goodwill is one of the riskiest assets that can be financed because it typically has no liquidation value in the event a loan defaults, the SBA said.
The Board also declared a cash dividend on its 8% Series C cumulative redeemable perpetual preferred stock ($25 liquidation value per depositary share, each representing 1/100th of a share of preferred stock) equal to $0.50 per depositary share for the period January 15, 2007 through April 14, 2007.
When the valuation process includes allowances for marketing time and expenses, the result is called net liquidation value (NLV).
Consequently, they might want to compare estimates of the future net cash flows from the business, of the liquidation value of the business' assets and liabilities, and of what another party might pay them for the equity of the business.
They have more than one use; they have at least some, even if minimal, liquidation value; and they can often be stores of value.
The total liquidation value of its preferred stock is USD190.1m (liquidation preference USD25.00 per share).
The issue rating is derived from the IDR and the relevant Recovery Rating (RR) and notching, based on the going concern enterprise value of a distressed scenario or the company's liquidation value.