net worth

net worth definition - finance
  1. For individuals, the value of all assets minus any liabilities, such as a mortgage, a car loan, or credit card balances.
  2. For corporations, assets plus shareholders equity, minus liabilities.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments


Do you have more to add? Sign in to share your linguistic knowledge or observation.

Connect with Facebook