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Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. [1] Financial assets minus outstanding liabilities equal net financial assets, so net worth can be expressed as the sum of non-financial assets and net financial assets.
A net (sometimes written nett) value is the resultant amount after accounting for the sum or difference of two or more variables.. In economics, it is frequently used to imply the remaining value after accounting for a specific, commonly understood deduction.
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.
The word Brazil probably comes from the Portuguese word for brazilwood, a tree that once grew plentifully along the Brazilian coast. [31] In Portuguese, brazilwood is called pau-brasil , with the word brasil commonly given the etymology "red like an ember ", formed from brasa ('ember') and the suffix -il (from -iculum or -ilium ). [ 32 ]
On 8 January 2023, following the defeat of then-president Jair Bolsonaro in the 2022 Brazilian general election and the inauguration of his successor Luiz Inácio Lula da Silva, a mob of Bolsonaro's supporters attacked Brazil's federal government buildings in the capital, Brasília.