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Net Worth |
Also found in: Financial, Wikipedia, Hutchinson | 0.01 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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