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Glossary
Clear definitions of trading and investing terms used across broker reviews, tools and market guides.
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Net Asset Value
stocks-etfs
Net Asset Value (NAV) is the per-share value of a fund's holdings, calculated by subtracting liabilities from total assets and dividing by the number of shares outstanding.

Nominal vs Real Return
basics
Nominal return is the raw percentage gain on an investment before inflation, while real return adjusts that figure for inflation to show change in purchasing power.