Description

This article is from the Glossary of Financial Terms.

Glossary of Financial Terms: N

• Net asset value (NAV)
  The value of a fund's investments. For a mutual fund, the net asset value per share usually represents the fund's market price, subject to a possible sales or redemption charge. For a closed end fund, the market price may vary significantly from the net asset value.
  
  
• Net income
  The company's total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses
  
  
• Noise
  Price and volume fluctuations that can confuse interpretation of market direction.
  
  
• No Load Mutual Fund
  An open-end investment company, shares of which are sold without a sales charge. There can be other distribution charges, however, such as Article 12b-1 fees. A true "no load" fund will have neither a sales charge nor a distribution fee.
  
  
• NM
  Abbreviation for Not Meaningful.
  
  

Continue to:

• prev: Glossary of Financial Terms: M
• Index
• next: Glossary of Financial Terms: O