Nettovermögen

German

Etymology

netto (net) +‎ Vermögen (assets; wealth)

Pronunciation

  • IPA(key): /ˈnɛto fɛɐ̯ˌmøːɡən/

Noun

Nettovermögen n (strong, genitive Nettovermögens, plural Nettovermögen)

  1. (finance, accounting) net worth, net assets (the total value of all assets owned by an individual or entity, minus the total value of all its liabilities)
    Um das Nettovermögen zu berechnen, müssen alle Schulden vom Bruttovermögen abgezogen werden.
    To calculate net worth, all debts must be subtracted from gross assets.
    Das Nettovermögen der privaten Haushalte ist trotz der Inflation leicht gestiegen.
    The net worth of private households has risen slightly despite inflation.
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