Examlex
Interdependent communities are characterized by low vertical relations and high horizontal articulation.
Net Asset Value
The total value of a fund's assets minus its liabilities, often used in context with mutual funds and represents the per-share/unit price of the fund.
Accounts Payable
Liabilities of a firm representing money owed to creditors for goods and services purchased on credit.
Fund Shares Outstanding
The total number of shares issued and currently held by investors, including restricted shares owned by the company’s officers and insiders but excluding any repurchased shares.
Capital Gain Distributions
Payments made to shareholders that result from the selling of securities within the fund’s portfolio, which are subject to capital gains taxes.
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