Meaning of “tangible net worth” in the English Dictionary

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"tangible net worth" in Business English

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tangible net worthnoun [ U ]

uk us ACCOUNTING

the total value of a company when calculated by taking its liabilities away from its tangible assets:

Borrowers must have a maximum tangible net worth of $15m.

(Definition of “tangible net worth” from the Cambridge Business English Dictionary © Cambridge University Press)