net worth
Appearance
English
[edit]Noun
[edit]net worth (countable and uncountable, plural net worths)
- (accounting) The total assets minus total liabilities of an individual or a company.
- December 13 2021, Molly Ball, Jeffrey Kluger, Alejandro de la Garza, “Elon Musk: Person of the Year 2021”, in Time Magazine[1]:
- His car company, Tesla, controls two-thirds of the multibillion-dollar electric-vehicle market it pioneered and is valued at a cool $1 trillion. That has made Musk, with a net worth of more than $250 billion, the richest private citizen in history, at least on paper.
Derived terms
[edit]Translations
[edit]assets minus liabilities
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