Net worth
In business, Net worth (sometimes "net assets") is the total
assets minus total
liabilities of an individual or a
company. For a company, this is called
shareholders' equity and may be referred to as
book value. Net worth is stated for a particular point in time.In
personal finance, net worth is also used to refer to an individual's net financial position; similarly, it also uses the value of all assets minus the value of all liabilities (debt).Net worth in business is generally based on the value of all assets and liabilities at the
carrying value, that is, the value as expressed on the
financial statements. To the extent that items on the balance sheet do not express their true ("market") value, the net worth will also be inaccurate.
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Net worth
Net Worth
The new ownership value of a firm. Net worth equals the value of assets held minus the value of all liabilities.
Net Worth
total assets minus total liabilities of an individual or company. For a company, also called owner's equity or shareholders' equity or net assets.
net worth
Synonyms and related words:
account, assessed valuation, assets, assets and liabilities, circumstances, conversion factor, current assets, deferred assets, face, face value, fixed assets, frozen assets, funds, intangible assets, intangibles, liquid assets, market value, material assets, means, net assets, par value, pennyworth, quick assets, rate, resources, stock, stock-in-trade, tangible assets, tangibles, value, value received, wealth, worth
Source: Moby Thesaurus, which is part of the
Moby Project created by Grady Ward. In 1996 Grady Ward placed this thesaurus in the public domain.
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