What is another word for total assets?
Pronunciation: [tˈə͡ʊtə͡l ˈasɛts] (IPA) 
Total assets refer to the sum of all assets owned by an individual or organization. This includes tangible assets such as property and equipment, as well as intangible assets like intellectual property, patents, and goodwill. Synonyms for total assets include net worth, equity, gross assets, and total equity. Net worth typically refers to an individual's total assets minus their liabilities, while equity applies to the amount of ownership an individual has in a company. Gross assets are the total value of all assets before any deductions or accounting adjustments, and total equity encompasses all of the assets owned by a company or individual. These synonyms are often used interchangeably to describe the overall value of an entity.
