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Thread: a net of...

  1. #1
    Unregistered Guest

    Smile a net of...

    Dear Teachers,

    I am writing to ask the following question.

    He's the founder and owner of a major international company with "a net worth of over 20 million." What does "a net worth of over 20 million mean?"



  2. #2
    Tdol is offline Editor,
    • Member Info
      • Member Type:
      • English Teacher
      • Native Language:
      • British English
      • Home Country:
      • UK
      • Current Location:
      • Philippines
    Join Date
    Nov 2002
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    Default Re: a net of...

    Net means after all deductions like tax, so it is his real worth, not an inflated figure.

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