positive net worth
noun[U]
ACCOUNTINGukustheamountby which a company'sassetsaregreaterthanitsliabilities(=amountsofmoneythat itowes):
Thecompanyhad apositivenetworthof $1.6billionat the end of theyear.
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negative net worth
单词 | positive net worth |
释义 | positive net worth noun[U] ACCOUNTINGukustheamountby which a company'sassetsaregreaterthanitsliabilities(=amountsofmoneythat itowes): Thecompanyhad apositivenetworthof $1.6billionat the end of theyear. Compare negative net worth Examplesofpositive net worthpositive net worth Insolvency may lead to bankruptcy, even when the borrower has apositivenetworth. From Wikipedia ![]() Unless it was able to convert its accounts receivable and other current assets to cash quickly, it could fail and be technically bankrupt despite apositivenetworth. From Wikipedia ![]() They seem to be concerned more with thepositivenetworthof the company rather than its cash flow. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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