A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

 Net worth

How much a person owns (their assets) minus what they owe to others (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 (liabilities) = $5,500

Search :: Index :: About :: Contact :: Contribute :: Cite This Page :: Privacy

Copyright © 2011 MathsIsFun.com