The net asset value per share represents the net value of an investment fund divided by the number of outstanding shares. There are several synonyms for this term, including book value per share, market value per share, and fund value per share. These terms are often used interchangeably, but they can have slightly different meanings depending on the context. For example, the book value per share represents the net value of a company's assets divided by the number of outstanding shares, while the market value per share represents the current market price of a share. Despite these differences, all of these terms are important for investors to understand and monitor when evaluating investment opportunities.