What is NAV?

NAV is an abbreviation that can refer to several technologies, requiring context for precise identification. Some possibilities include: 1. **Navigation Systems:** This is a broad category encompassing technologies that aid in determining and following a route. These systems use a variety of inputs, such as GPS, inertial sensors, and maps. Examples include GPS navigation in cars, maritime navigation systems, and aircraft navigation. 2. **Net Asset Value (NAV):** In finance, NAV is a common metric, primarily associated with mutual funds, exchange-traded funds (ETFs), and hedge funds. It represents the per-share or per-unit value of the fund's assets less its liabilities. It's calculated daily and used to determine the price at which shares are bought and sold. 3. **Microsoft Dynamics NAV (now Dynamics 365 Business Central):** This is an Enterprise Resource Planning (ERP) system from Microsoft, designed for small and medium-sized businesses. It provides tools for managing finances, supply chains, operations, reporting, and manufacturing. While the NAV name is largely deprecated in favor of Business Central, it's still referenced in older documentation and by users familiar with the previous product name. 4. **Other potential meanings:** Depending on the industry and context, NAV could refer to other specific technologies or acronyms. Without additional information, it's impossible to pinpoint the exact meaning.