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Net worth definition: net assets. . See examples of NET WORTH used in a sentence.
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 ...
FDIC's How Money Smart Are You?
Aug 23, 2022 · Here’s how to calculate net worth. 1. Add up your assets. Add up the total value of anything that could be considered an asset. An asset is anything with monetary value. This can include things like cash, checking and savings accounts, stocks, bonds, mutual funds, and retirement accounts.
Net worth definition: net assets. . See examples of NET WORTH used in a sentence.
noun. : the excess of the value of assets over liabilities : net assets at asset 2.
May 23, 2023 · Net worth definition. Net worth is a dollar amount representing the total value of everything you own (your assets) after you’ve subtracted everything you owe (your liabilities). Knowing this number can help you assess your finances at a glance. Net worth can be either positive or negative. Positive net worth is when your assets are greater ...
