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- DictionaryWealth/welTH/
noun
- 1. an abundance of valuable possessions or money: "he used his wealth to bribe officials"
1. : abundance of valuable material possessions or resources. 2. : abundant supply : profusion. 3. a. : all property that has a money value or an exchangeable value. b. : all material objects that have economic utility. especially : the stock of useful goods having economic value in existence at any one time. national wealth. 4.
May 30, 2023 · Wealth is an accumulation of valuable economic resources that can be measured in terms of either real goods or money value. Net worth is the most common...
a large amount of money or valuable possessions that someone has: During a successful business career, she accumulated a great amount of wealth. Fewer examples. Appalling poverty and great wealth coexist in the city. Their policies are all towards the creation of wealth. Some of his colleagues envy the enormous wealth that he has amassed.
a great quantity or store of money, valuable possessions, property, or other riches: the wealth of a city. an abundance or profusion of anything; plentiful amount: a wealth of imagery. Synonyms: fullness, richness, amplitude. Economics. all things that have a monetary or exchange value.
In economics, wealth (in a commonly applied accounting sense, sometimes savings) is the net worth of a person, household, or nation – that is, the value of all assets owned net of all liabilities owed at a point in time. For national wealth as measured in the national accounts, the net liabilities are those owed to the rest of the world.
a large amount of money or valuable possessions that someone has: During a successful business career, she accumulated a great amount of wealth. Fewer examples. Appalling poverty and great wealth coexist in the city. Their policies are all toward the creation of wealth. Some of his colleagues envy the enormous wealth that he has amassed.
[uncountable] a large amount of money, property, etc. that a person or country owns. the desire to gain wealth and power. He has pledged to redistribute the country's vast oil wealth. Their aim is to keep taxes low enough to encourage wealth creation. a person of wealth and influence. The purpose of industry is to create wealth.
