What does net worth mean?

Definitions for net worth
net worth

This dictionary definitions page includes all the possible meanings, example usage and translations of the word net worth.


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Wiktionary

  1. net worthnoun

    The total assets minus total liabilities of an individual or a company.

Wikipedia

  1. Net worth

    Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Financial assets minus outstanding liabilities equal net financial assets, so net worth can be expressed as the sum of non-financial assets and net financial assets. This concept can apply to companies, individuals, governments, or economic sectors such as the financial corporations sector, or even entire countries.

Wikidata

  1. Net worth

    In business, net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time. In the case of an individual, the term estate is used in relation to deceased individuals in probate. For businesses, the term is used in the context of fraudulent law and on the dissolution of the company. In personal finance, net worth refers to an individual's net economic position; similarly, it uses the value of all assets minus the value of all liabilities. Net worth in business is generally based on the value of all assets and liabilities at the carrying value which is the value as expressed on the financial statements. To the extent items on the balance sheet do not express their true value, the net worth will also be inaccurate. Net worth in this formulation is not an expression of the market value of the firm: the firm may be worth more if sold as a going concern. On reading the balance sheet, if the accumulated losses exceed the shareholder's equity, it is a negative value for net worth.

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Numerology

  1. Chaldean Numerology

    The numerical value of net worth in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of net worth in Pythagorean Numerology is: 6

Examples of net worth in a Sentence

  1. Pinpointing Trump:

    I'm really rich, i have total net worth of $ 8.73 billion. I'm not doing that to brag. I'm doing that to show that's the kind of thinking our country needs.

  2. Sal Guatieri:

    Households still have plenty left in the tank given rising employment and wages, soaring net worth and massive excess savings, however, rising prices are eating into spending power, compounding the ongoing lack of supply.

  3. Virgin Atlantic staff:

    I've seen lots of comments about my net worth – but that is calculated on the value of Virgin businesses around the world before this crisis, not sitting as cash in a bank account ready to withdraw, over the years significant profits have never been taken out of the Virgin Group, instead they have been reinvested in building businesses that create value and opportunities. The challenge right now is that there is no money coming in and lots going out.

  4. Donald Trump:

    Earnings for the bottom 10 percent are rising faster than earnings for the top 10 percent, for the first time ever, since my election, the net worth for the bottom half of wage-earners has increased by 47 percent, three times faster than the increase for the top one-percent.Median household income is at an all-time high; for President Bush, in eight years it was $450. Under President Barack Hussein Obama, for eight years, it was $975. ... Under your favorite president, and when you include the tax cuts, the regulation cuts ... under President Trump, for three years, the number is almost $10,000 -- and its going up. Thats a big difference.

  5. Dimantha Mathew:

    Nothing much is happening with very low retail and high net worth investor participation.

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"net worth." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/net+worth>.

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