ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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NET WORTH Definition
NET WORTH is the difference between Total Liabilities and Total Assets. Minority interest is included here.
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MBE see MANAGEMENT BY EXCEPTION.
REMIC is Real Estate Mortgage Investment Conduit. Refers to U.S. legislation, created with the Tax Reform Act of 1986, that allowed for the issuance of collateralized mortgage obligations.