Wealth Management Glossary

Confused about financial jargon? Use our jargon buster to get a plain explanation of industry terms.


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Net Asset Value (NAV)
It is the value of an entity's assets minus the value of it's liabilities and in relation to a mutual fund or ETF (Exchange Traded Fund) it's the value per share on a specific date.

A person or company, not the owner, in whose name a stock, bond, or company is registered.