Net worth plus subordinated debt. Since a company has flexibility in paying off subordinated debt, it is essentially an addition to the company's net worth.
Related information about effective net worth:
- Effective Net Worth Definition | Investopedia
The shareholders' equity of a corporation, plus subordinated debt. Effective net worth is particularly useful in closely held corporations, since executive officers in ...
- What is effective net worth? - InvestorWords.com
Definition of effective net worth: Net worth plus subordinated debt. Since a company has flexibility in paying off subordinated debt, it is essentially an addition to ...
- Effective Net Worth: Definition from Answers.com
Effective Net Worth Stockholder's equity in a corporation, plus subordinated debt, such as debentures or loans to the firm by an owner.
- Effective Net Worth - Financial Dictionary - The Free Dictionary
The net worth of an individual or company plus what he/she/it owes in junior debt. Because, in the event of liquidation, junior debt is paid only after all senior ...
- What is effective net worth? - BusinessDictionary.com
Definition of effective net worth: The difference of a company's net income minus operating liabilities.
- effective net worth - Business Definition
effective net worth definition: The book value of assets less all liabilities other than subordinated debt. Effective net worth is a measure of the financial security ...
- effective net worth
The value of shareholder's equity in a firm plus subordinated debt (debentures...
- What does Effective net worth mean
Yahoo Small Business Dictionary defines and explains key small business concepts, including Effective net worth.