Gnomenclature
Learn the language of finance.
In many ways, success depends on clarity. The Frugal Gnome glossary gives definitions of specialized financial terms to help bring clarity to the language of finance.
| Term | Definition |
|---|---|
| Net Worth | Net worth is the total value of all your assets minus the amount of debt you owe. It is widely used as a measure of wealth, though some assets may be more available for spending and payments than others. |
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