Financial dictionary

NAV (Net Asset Value) is the value of a fund's or company's assets after deducting liabilities. In the case of investment funds, NAV represents the total value of all the fund's investments, including stocks, bonds, and other assets, minus all the fund's debts and obligations. NAV is typically calculated at the end of each trading day and shared with investors as a reference point for the value of their investments. For mutual funds, NAV is often used to determine the price of a fund share.

NOI (Net Operating Income) is a metric that measures the net operating income of a property or investment portfolio before accounting for interest, taxes, depreciation, and amortization. It is calculated as the difference between the total income generated by the property (e.g., rent) and the operating expenses (e.g., maintenance, management). NOI provides an overview of the profitability and efficiency of operating the property and is an important indicator when evaluating its investment performance.