| 单词 | net worth |
| 释义 | net worth The value of an organization or individual when its liabilities have been deducted from the value of its assets. For businesses, it is often taken to be synonymous with net asset value (i.e. the total assets as shown by the balance sheet less the current liabilities), net worth so defined can be misleading in that balance sheets rarely show the real value of assets; in order to arrive at the true net worth it would normally be necessary to assess the true market values of the assets rather than their book values. It would also be necessary to value goodwill, which may not even appear in the balance sheet. See also: |
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