A high net worth individual is a classification used by the financial services industry to denote an individual with liquid assets above a certain figure.
 | | High Net Worth Individual - HNWI | | High net worth individual (HNWI) is a classification used by the financial services industry to denote an individual or a family with liquid assets above a certain figure. Although there is no precise definition of how rich someone must be to fit into this category, high net worth is generally quoted in terms of having liquid assets of a particular number. The exact amount differs by financial institution and region...Read More » | | Related to "High Net Worth Individual - HNWI" | | | | Liquid Asset | | A liquid asset is an asset that can be turned into cash quickly and with minimal impact to the price received upon conversion in the open market. | | Read More » | | | Net Worth | | Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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