Examlex
Not all family-owned businesses are small; in fact, approximately one-third of the Fortune 500 companies are family businesses.
Net Asset Value
The value per share of a mutual fund or ETF, calculated by dividing the total value of all the securities in the portfolio, minus liabilities, by the number of outstanding shares.
Year-End Assets
The total value of all assets held by an individual or corporation calculated at the end of the fiscal year.
Liabilities
Financial obligations or debts owed by a company or an individual to creditors, typically classified as current (short-term) or long-term.
Net Asset Value
The total value of a fund's assets minus its liabilities, often used in the context of mutual funds to determine the per share market value.
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