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Net Worth |
Also found in: Financial, Wikipedia, Hutchinson | 0.17 sec. |
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The difference between total assets and liabilities; the sum total of the assets of an individual or business minus the total amount owed to creditors. The net worth of a corporation is ordinarily determined by subtracting the liabilities from the assets, or by adding the capital account to the surplus account, as shown in the balance sheet of the company. |
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During our business meetings we have our net worth statements listing assets and liabilities. The poorest man on Forbes' list of the 400 richest Americans has a net worth of about $900 million. High net worth women investors are as likely as high net worth men to be involved, active, and engaged in the investing process and seek similar investment goals. |
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