Examlex
Agencies must submit newly adopted rules to Congress,and a major rule does not become final until Congress has the opportunity to disapprove it.
Net Asset Value
The total value of all the securities held by a mutual fund or ETF, minus any liabilities, divided by the number of shares outstanding.
Year-End Assets
The total value of all assets an entity owns at the end of an accounting period or fiscal year.
Liabilities
Financial obligations or debts a company owes to outside parties, which must be settled over time through the transfer of economic benefits.
Nasdaq 100
An index representing the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market capitalization.
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