Net worth


Definition of Net worth

It is the value of how much assets owned by a person minus what they owe to others like liabilities. Example: Alex has $1,000 in the bank, a $5,000 car, but has a credit card debt of $500. So Alex's net worth is $1,000 + $5,000 (assets) _ $500 (liabil

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    Other Definitions with Letter N

  • Definition of natural number
    Natural Number
  • Definition of negative
    Negative
  • Definition of Net
    Net
  • Definition of Net Weight
    Net Weight
  • Definition of Net worth
    Net worth
  • Definition of Nominal Number
    Nominal Number
  • Definition of Nonagon
    Nonagon
  • Definition of Nonary
    Nonary
  • Definition of Normal
    Normal
  • Definition of Normal Distribution
    Normal Distribution
  • Definition of Not Equal
    Not Equal
  • Definition of Notation
    Notation
  • Definition of Nought
    Nought
  • Definition of Number
    Number
  • Definition of Number Line
    Number Line
  • Definition of Number Pattern
    Number Pattern
  • Definition of Number Sense
    Number Sense
  • Definition of Numeral
    Numeral
  • Definition of Numerator
    Numerator

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