Dictionary of Finance and Investment Terms: networth
networth
amount by which assets exceed liabilities. For a corporation, net worth is also known as stockholders' equity or net assets. For an individual, net worth is the total value of all possessions, such as a house, stocks, bonds, and other securities, minus all outstanding debts, such as mortgage and revolving-credit loans. In order to qualify for certain high-risk investments, brokerage houses require that an individual's net worth must be at or above a certain dollar level.
