Meaning of the word net-worth in English

What does net-worth mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

net-worth

US /ˌnetˈwɝːθ/
UK /ˌnetˈwɝːθ/

Noun

1.

the ​value of the ​assets (= property and money)​ that a ​person or ​business has, after any ​debts are taken away:

Example:
He has a ​net ​worth of about $70 million.
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