net assets

Definition

Total assets minus total liabilities of an individual or company. For a company, also called owner's equity or shareholders' equity or net worth.

Use net assets in a sentence

Our net assets were not as much as I hoped for and I consulted my financial expert to tell me what was happening.

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The net assets of the firm have continued to increase as the company added new equipment and expanded their operations.

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Company XYZ's assets remained the same this month compared to last and their liabilities decreased, therefore their net assets were higher this month.

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expense limit called up capital