Net worth
Spanish: Patrimonio neto
Description
Net worth refers to the total value of an individual's assets minus their liabilities. It is a key indicator of financial health and stability, providing insight into a person's financial position.
Interpreter Notes
Interpreters should be aware that 'patrimonio neto' is the formal term used in financial contexts. Colloquial variants may include 'valor neto' in some regions, but it is advisable to use the canonical term to maintain clarity. Be cautious of mixing this term with similar financial concepts like 'ingresos' or 'activos'.
Example Sentences
EN: Her net worth increased significantly after the sale of her business.
ES: Su patrimonio neto aumentó significativamente después de la venta de su negocio.
Common Interpreter Mistakes
Confusing 'patrimonio neto' with 'ingresos'; mixing up with 'activos' or 'deudas'; mispronouncing 'patrimonio' as 'patrimonio' with incorrect emphasis.