whats diff between corpus and net worth

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BAT_MAN
Seeing ppl are using these terms interchangeably

Can someone explain nitty gritty woth example
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Benevolent Benevolent
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corpus= ur mf+fd+stocks+everything else

net worth= everything above+goodwill of a person. like in case of ambani banks will close eyes and will issue a 100crore loan @ cheapest rate whereas for someone like me they will make me run pillar to pillar for documents and what not. some do not include goodwill here but it matters a lot

Tech Guru Tech Guru
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Where my loans and liabilities will be counted??

In corpus or in NW?

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Deal Subedar Deal Subedar
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1) In corpus we wont think about liabilities it will include everything that has monetary value.

2) In networth we negate liabilities as we will consider assets after negating liabilities as networth

Deal Newbie Deal Newbie
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@BAT_MAN  why don't you explain yet the difference between corpus and net worth? So people can easily understand.

So pls write in each and every comment even after 2 to 3 days or week so people get aware and get ideas regarding Financial Knowledge too because of you .

Thanks .

replyuser
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