net worth
/net wɜːrθ/noun phrase★Intermediate
💰Finance
formal
The total value of assets minus the total value of liabilities, representing financial health.
The billionaire's net worth was estimated at $10 billion.
The financial value of his assets, after accounting for debts, was $10 billion.
💡
Often used to assess an individual's or company's financial position.
Collocations
calculate net worthto determine the financial value of assets minus liabilitiesincrease net worthto grow the value of assets relative to debts
Synonyms
Antonyms
Related Phrases
liquid net worthphrase
assets that can be quickly converted to cash
negative net worthphrase
when liabilities exceed assets
💡Pro Tip
Financial Health Indicator
Net worth is a key metric for assessing financial stability.
⚡Gold Rule
Accurate Calculation
Include all assets (cash, property, investments) and liabilities (debts, loans) for an accurate net worth.
📖Word Origin
From 'net' (remaining after deductions) + 'worth' (value). First recorded in the early 19th century.
📝Usage Notes
Commonly used in financial reporting, personal finance, and business evaluations.
Word Breakdown
net
remaining after deductions
prefixworth
value or monetary equivalent
rootEnglish Dictionary