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Termination of the Hierarchical Parent-Child Relationship

question 22

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Termination of the hierarchical parent-child relationship


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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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