| The American Heritage® Dictionary of the English Language: Fourth Edition. 2000. |
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| net asset value |
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| NOUN: | The market value of all securities owned by a mutual fund, minus its total liabilities, divided by the number of shares issued.
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| The American Heritage® Dictionary of the English Language, Fourth Edition. Copyright © 2000 by Houghton Mifflin Company. Published by the Houghton Mifflin Company. All rights reserved. |
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