Easttown

 Net worth refers to the value of all non-financial as well as financial assets held by an individual or an institution, in addition to the value of all its outstanding obligations. [1] Since financial assets and outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets and net financial assets. It could be applied to businesses as well as individuals, government agencies, industries like the financial sector or to entire countries.For individuals, net worth or wealth is the term used to describe the individual's net financial position which is the sum of an individual's assets minus liabilities. Retirement accounts as well as other investments, their home or vehicles are just a few instances of property that would be included in a person's net worth. The secured and unsecured debts (such the mortgage on your home) as well as other types of debt (such personal loans or consumer credit) are considered liabilities. Intangible assets, such as degrees from universities, are typically not considered part of net worth even though they can positively impact the overall financial position of a person.