NET ASSET VALUE PER SHARE. The market value of a Fund share calculated each day by taking the closing market value of all securities owned, adding the value of all other assets (such as cash), subtracting all liabilities, and then dividing the result (total net assets) by the number of shares outstanding.
Appears in 14 contracts
Samples: Joint and Survivor Annuities (Lincoln National Variable Annuity Account H), Joint And (Lincoln Life Variable Annuity Account T), Joint and Survivor Annuities (Lincoln Life Variable Annuity Account N)