Question

What is a net worth

Answer 1

Hello!

Net Worth is the value of all non-financial and financial assets owned by an institutional unit or sector minus the value of all its liabilities. Net worth can apply to companies, businesses etc.

I hope this helps!

Answer 2

A net worth is the "total assets minus total outside liabilities of an individual or a company." Net worth's are mainly used with company's and when they want to find personal finance for an individual's net economic position. Basically meaning how much this worker made which is there personal finance.

Hope this helps!