Net Worth


Definition of "Net worth"

Jennifer Dreggors
Jennifer Dreggors Berkshire Hathaway Executives

  1. Individual: Total assets less total liabilities less estimated taxes. It is the individual's personal equity which might be the basis for a bank loan to buy real estate.
  2. Corporation: Total assets less total liabilities equal to stockholder's equity.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ