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TeachMeFinance.com - explain net worth Net Worth -- Property owned (assets), minus debts and obligations owed (liabilities), is the owner's equity (net worth).
net worth -- the value in dollars of all assets less all liabilities. Net worth may be expressed as a dollar amount, or as a percentage of either assets or liabilities, calculated by subtracting liabilities from assets and dividing the remainder by assets or liabilities.
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