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Net Worth
Net worth is the total value of an individual’s or entity’s assets minus their liabilities. It represents the financial position and overall wealth, including properties, investments, savings, and other valuable possessions, while subtracting debts and obligations. Net worth is a key indicator of financial health, often used to assess economic stability, wealth accumulation, and financial planning. A positive net worth signifies more assets than liabilities, while a negative net worth indicates the opposite.
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