Legal Definitions - worth

Definition: Worth is the value of something, either in terms of money or emotional/sentimental value. It can also refer to the total wealth of a person or entity.

Examples:

1. The worth of a car is determined by its market value.
2. The worth of a family heirloom may be sentimental rather than monetary.
3. Net worth is a measure of a person's total wealth, calculated by subtracting liabilities from assets.

The first example illustrates the monetary value aspect of worth, while the second example illustrates the emotional/sentimental value aspect. The third example shows how net worth is calculated and used as a measure of wealth.