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net exposed assets. Definition. The difference between the exposed assets subtracted from exposed liabilities. These assets can refer to market values or book values. A business is long in currency if its net exposed assets are positive, i.e. the exposed assets are greater than their exposed liabilities. A business is short in currency if its net exposed assets are negative.
The exposed surface area is defined (by geographers) as more than 100 square kilometers, though large geological batholiths may have less exposure. Areas smaller than 100 square kilometers are called stocks.