Definition:
The difference between the value of a property and the amount of money owed on the property. The amount of money the owner would realize if the property were sold.
Related Terms:
Business Valuation
Collateral
Loan
Related Information:
Financial Management
Human Resources
Leadership
Financing Your Small Business
Related Books:
Accounting and Finance for Your Small Business
Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business
More Books about Financially Managing a Small Business
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