NET WORTH Definition

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NET WORTH is the difference between Total Liabilities and Total Assets. Minority interest is included here.

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CONVERSION DATE, dependent upon usage, there are likely many definitions varying within the industries in which the term is being used. Basically, it is a date on which an asset is converted into a similarly valued but different asset.

SERIAL BOND is a bond issue in which the bonds mature periodically over a number of years.

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