We see the term “net worth” thrown around all of the time when it comes to reporting on celebrities, sports stars, and business leaders. But what is it exactly? Entrepreneur’s online encyclopedia ...

We’re intrigued by the net worth of celebrities, business magnates, politicians and sports heroes. But knowing our own net worth can be useful for us mere mortals, too. It may seem like figuring out ...

Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...

Gross income measures how much total income a company brings in from the sale of its products and services minus the cost of producing those goods and services. In contrast, net income is the profit ...

Net worth is a measure of wealth that is calculated by subtracting your liabilities from your assets. Assets might include things such as real estate, stocks or retirement accounts, while liabilities ...

Net present value (NPV) represents the difference between the present value of cash inflows and outflows over a set time period. Knowing how to calculate net present value can be useful when choosing ...

Knowing your net worth and how to calculate it helps you manage money better and become more financially literate. You probably know how much is in your bank account right now. But do you actually ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...

It's almost that time of year; tax season is nearly here. But with all the forms and applications you need to fill out, it's easy to get confused. No matter if it's your first time or you've been ...

Average net worth peaks between ages 70 and 74. The state with the lowest average net worth is Louisiana. The wealthiest state by net worth is Hawaii. Net worth is a measure of financial stability ...