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English definition of “net worth”

net worth

noun [C or U]     FINANCE, ACCOUNTING
the value of the assets and money that a person or business has, after their debts are taken away: He is one of Britain's richest people , with a net worth of about £70 million.
→ See also high net worth individual, negative net worth, positive net worth
(Definition of net worth noun from the Cambridge Business English Dictionary © Cambridge University Press)
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