What is net worth?

the rate the Federal reserve charges for loans to commercial banks

the process by which banks record whose account gives up money and whose account receives money when a check is written

an individual’s or company’s total assets minus liabilities

the interest rate banks charge each other for loans

1 answer

Net worth is defined as an individual’s or company’s total assets minus liabilities. This figure represents the financial value of a person or entity, indicating what remains after all debts have been paid off.