positive net worth

positive net worth
positive net worth positive net worth net worth

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positive net worth UK US noun [U] ACCOUNTING
the amount by which a company's assets are greater than its liabilities (= amounts of money that it owes): »

The company had a positive net worth of $1.6 billion at the end of the year.

Compare NEGATIVE NET WORTH(Cf. ↑negative net worth)

Financial and business terms. 2012.

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  • negative net worth — ➔ net worth * * * negative net worth UK US noun [U] ACCOUNTING ► the amount by which a company s debts are greater than its assets: »The company reported a negative net worth of $883 million. → Compare POSITIVE NET WORTH(Cf. ↑ …   Financial and business terms

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