A calculation that removes the monetary amount of assets like trademarks and patents from a company’s net worth. Liabilities from par value of preferred stock and liabilities are also not factored in.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser