What Is the Meaning of Wealth?

Answer

Wealth means, the tangible or intangible thing that makes a person, family or group better off. In economics, wealth is the total of all assets of an economic unit that generate current income or have the potential to generate future income.
3 Additional Answers
Ask.com Answer for: what is the meaning of wealth
wealth
[welth]
NOUN
1.
a great quantity or store of money, valuable possessions, property, or other riches: the wealth of a city.
2.
an abundance or profusion of anything; plentiful amount: a wealth of imagery.
3.
rich or valuable contents or produce: the wealth of the soil.
4.
the state of being rich; prosperity; affluence: persons of wealth and standing.
5.
Obsolete happiness
Source: Dictionary.com
Wealth is the abundance of valuable resources or material possessions, or the control of such assets. The word wealth is derived from the old English wela, which is from an Indo-European word stem. In sociology, wealth provides an important mechanism in the intergenerational transmission of inequality.
Wealth can be defined as an abundance of money or valuable possessions. It is the state of being rich or having plenty of material prosperity or affluence. It refers to all things that have monetary value.
Q&A Related to "What Is the Meaning of Wealth"
It means that someone who is healthy is also wealthy in so far as they can enjoy life and all it offers. Whereas someone with loads of money can little enjoy it if they are ill.
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Asset Wealth: items of ownership convertible into cash; total resources of a
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1. the state of being rich and affluent; having a plentiful supply of material goods and money 2. the quality of profuse abundance 3. an abundance of material possessions and resources
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inherited wealth: wealth that is inherited rather than earned
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