Net worth

Net worth is the amount of all the non-financial or financial money owned by an institution or person.[1] Net worth can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries.[2]

References

  1. System of National Accounts 2008, published by the European Commission, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the United Nations, and the World Bank, p. 49, section 3.109.
  2. Ron Lieber (May 12, 2010). Net-Worth Obsession. The New York Times. https://www.nytimes.com/2010/05/16/magazine/16Worth-t.html.