HELP!!

Jennifer sat down with her parents to discuss their retirement plans. They figured that they currently owe money on their house. But once they retire, that debt will be paid off. They won't have any other debt. Which one of the following have they figured into their finances for their retirement years?
A. Ambiguous value
B. Deficit net worth
C. Liability
D. Net worth

Question

HELP!!


Jennifer sat down with her parents to discuss their retirement plans. They figured that they currently owe money on their house. But once they retire, that debt will be paid off. They won't have any other debt. Which one of the following have they figured into their finances for their retirement years? 
	A.	Ambiguous value
	B.	Deficit net worth
	C.	Liability
	D.	Net worth

anonymous · Answer

i think its B not sure?

anonymous · Answer

what do u think @Directrix

directrix · Answer

I don't know the definitions of the terms. However, "deficit net worth" sounds as if the parents' budget gives a negative balance. If that is the case, there would be no money to pay off the house.

anonymous · Answer

hmmm so most likley A then?

directrix · Answer

I don't know what ambiguous value is. C or D may be correct.
Do you have the definitions of these terms in your etext or whatever it is called?

anonymous · Answer

Ambiguous value-  Open to more than one interpretation: an ambiguous reply. 2. Doubtful or uncertain:

anonymous · Answer

@Directrix

directrix · Answer

I am talking about the definitions of these terms within personal finance. Are these terms in your textbook?

anonymous · Answer

no.

directrix · Answer

Well, without some textbook guidance, I don't know how a person can be expected to answer these. Maybe you can e-mail the teacher and ask.