negative net worth
House Passes 2 Measures on Job Bias By ROBERT PEAR
Taking aim at a 2007 Supreme Court ruling, the House voted to give women new tools to challenge pay inequity.
The $50 billion takeover of Bell Canada, the largest leveraged buyout in history, collapsed late Wednesday night, drawing a curtain to the end of blockbuster private equity deals.
draw (= open or close) the curtains
not fair; good for some and bad for others:
The current health care system is inequitable and unjust, with huge disparities between rich and poor.
noun [C or U] FORMAL
inequities in the health care system
1 [C usually singular; U] a tendency to support or oppose a particular person or thing in an unfair way by allowing personal opinions to influence your judgment:
The government has accused the media of bias.
Reporters must be impartial and not show political bias.
There was clear evidence of a strong bias against her.
There has always been a slight bias in favour of/towards employing arts graduates in the company.
2 [C usually singular] a preference towards a particular subject or thing:
She showed a scientific bias at an early age.
verb [T] -ss- or US USUALLY -s-
The judge ruled that the information should be withheld on the grounds that it would bias the jury against (= influence them unfairly against) the accused.
biased, UK ALSO biassed
showing an unreasonable like or dislike for a person based on personal opinions:
The newspapers gave a very biased report of the meeting.
I think she's beautiful but then I'm biased since she's my daughter.
NOTE: The opposite is unbiased.
The amount by which a company or individual's assets exceed their liabilities.
For a company, this is known as shareholder's (or owner's) equity and is determined by subtracting liabilities on the balance sheet from assets. For example, if a company has $45 million worth of liabilities and $65m worth of assets the company's net worth (shareholder's equity) would be $20m ($65m - $45m).
Alternatively, let's say an individual has only three assets, $100,000 worth of common stock, $30,000 worth of bonds and title to a $190,000 house. Conversely they have only one liability, $150,000 owing on their mortgage. The individual's net worth would be $170,000 ([$100,000 + $30,000 + $190,000] - [$150,000]).