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- DictionaryNet worth
noun
- 1. the total wealth of an individual, company, or household, taking account of all financial assets and liabilities: "with a net worth of $150 million, he is among the richest golfers in the sport today"
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Dec 27, 2023 · Net worth is an individual or company's total assets, minus any liabilities or debts. Net worth presents an easy way to measure a person or company's financial standing....
For individuals, net worth or wealth refers to an individual's net economic position: the value of the individual's assets minus liabilities. Examples of assets that an individual would factor into their net worth are retirement accounts, other investments, home (s), and vehicles.
NET WORTH definition: 1. the value of the assets (= property and money) that a person or business has, after any…. Learn more.
What is Net Worth? Net worth is the value of a person or company and can be computed by deducting the total liabilities from the total assets that are owned by the individual/company. Net worth can be computed using the following formula: Net Worth = Assets – Liabilities
May 30, 2023 · Net worth is a term that represents what someone is worth when you add up all of their liabilities and weigh them against all of their assets. In simpler terms, you can think of net worth as being the difference between what you own and what you owe to your creditors. So why does a person’s net worth matter? It’s simple.
Sep 29, 2020 · What is Net Worth? Net worth refers to the total value of an individual or company expressed as total assets less total liabilities.
the value of the assets and money that a person or business has, after their debts are taken away: He is one of Britain's richest people, with a net worth of about £70 million. See also.
