What is 'Net Worth' ?

What is 'Net Worth' ?

Definition: 

Net worth is the difference between the asset and the liability of an individual or a company.

Description:

 A high net worth relates to good financial strength and ultimately good credit rating of an individual or a company. Similarly a low or negative net worth will relate to a weaker financial strength and a lower credit rating, thus directly affecting the individual's or the company's ability to raise funds from the market.

Credits : EconomicTimes