The dollar value remaining when liabilities (what you owe) are subtracted from assets (what you own). Example: $200,000 of assets - $125,000 of liabilities/debt = a $75,000 net worth.
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The dollar value remaining when liabilities (what you owe) are subtracted from assets (what you own). Example: $200,000 of assets - $125,000 of liabilities/debt = a $75,000 net worth.
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