The value of a company or individual after tallying assets and deducting liabilities. The net worth of a company or individual can be used to determine their creditworthiness, and it can also reflect their investment history. In the forex market, the worth of a currency is only quoted in terms of another currency, since paper currencies have little intrinsic value. also called net assets, owner's equity and shareholder's equity.
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credit default swap (CDS)
accrual basis accounting
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