Equity is a company’s residual value; the amount that would be left if assets were used to pay off liabilities. Not-for-profits refer to it as Net Assets. See our Glossary for more definitions.
Tags: Assets, Financial Management, Liabilities
Equity is a company’s residual value; the amount that would be left if assets were used to pay off liabilities. Not-for-profits refer to it as Net Assets. See our Glossary for more definitions.
Tags: Assets, Financial Management, Liabilities