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10 relations: Asset, Balance sheet, Equity (finance), Estate (law), Financial position of the United States, Financial statement, Going concern, High-net-worth individual, Market value, Probate.
Asset
In financial accounting, an asset is an economic resource.
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Balance sheet
In financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as Government or not-for-profit entity.
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Equity (finance)
In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned.
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Estate (law)
An estate, in common law, is the net worth of a person at any point in time alive or dead.
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Financial position of the United States
The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP) as of Q1 2014.
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Financial statement
Financial statements (or financial report) is a formal record of the financial activities and position of a business, person, or other entity.
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Going concern
Continuation of an entity as a going concern is presumed as the basis for financial reporting unless and until the entity’s liquidation becomes imminent.
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High-net-worth individual
High-net-worth individual (HNWI) is a term used by some segments of the financial services industry to designate persons whose investible assets (such as stocks and bonds) exceed a given amount.
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Market value
Market value or OMV (Open Market Valuation) is the price at which an asset would trade in a competitive auction setting.
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Probate
Probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased, or whereby the estate is settled according to the laws of intestacy in the state of residence of the deceased at time of death in the absence of a legal will.
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Net Worth, Net assets, Net wealth, Net-worth, Networth, Worth (word).
