net worth investment & finance definition
- For
individuals, the value of all assets minus any liabilities, such as a mortgage,
a car loan, or credit card balances.
- For
corporations, assets plus shareholders equity, minus liabilities.
See net worth in Wall Street Words
A measure calculated by subtracting total liabilities from total assets. For an individual, total assets are recorded at current market value. For a company, net worth uses assets as recorded on the balance sheet at historical cost minus any depreciation. See also
owners' equity.
Learn more about net worth
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