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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 17, 2023 · Net worth is the amount by which assets exceed liabilities. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. A consistent increase ...
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NET WORTH definition: 1. the value of the assets (= property and money) that a person or business has, after any…. Learn more.
NET WORTH meaning: 1. the value of the assets (= property and money) that a person or business has, after any…. Learn more.
Nov 23, 2023 · Net Worth Definition. Net worth is an estimation of the absolute monetary value of a person or business, as determined by subtracting the sum of all their liabilities from the sum of all their assets. Net worth in either context can be positive or negative. If net assets exceed net liabilities, then it is positive; if net debts or liabilities ...
Jul 11, 2022 · Definition and Example of Net Worth . Net worth is the total of one’s assets minus total liabilities. When calculating net worth, it may be a positive or negative number. For example, if someone owes more than the total value of their assets, they have a negative net worth. Calculating net worth is one way to gauge financial health.
Net worth definition: net assets. . See examples of NET WORTH used in a sentence.
Sep 29, 2020 · The net worth of an individual is simply calculated as total assets (e.g. home equity and portfolio value) less total debt (e.g. mortgage, credit card debt, auto loans, and educational loans). For example, an individual with total assets of $100,000 and $30,000 of total debt would have a net worth of $100,000 – 30,000 = $70,000. A company's ...