wealth

noun
\ˈwelth also ˈweltth \

Definition of wealth 

1 obsolete : weal, welfare

2 : abundance of valuable material possessions or resources

3 : abundant supply : profusion

4a : 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

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Examples of wealth in a Sentence

a nation that has acquired great wealth someone whose sole goal is the accumulation of wealth Her personal wealth is estimated to be around $10 billion. What percentage of the national wealth is spent on health care? I was impressed by the wealth of choices. Libraries offer a wealth of information.
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Recent Examples on the Web

Then the agency would accept applications from failing pension funds, like Central States, that presented a plan to invest the loans to build wealth and avoid insolvency for 30 more years. Edward Mckinley, kansascity, "KC union retirees join rally in Ohio for pension fix — or is it a bailout?," 13 July 2018 BlackRock is the world’s biggest asset manager, overseeing $6.3 trillion in client wealth. Matthew Heimer, Fortune, "Here’s What the World’s Biggest Investor Thinks the Markets Will Do Next," 9 July 2018 But after the Civil War, industrialists began turning their attention to the Bessemer process, sparking a steel industry that would generate vastly more wealth than the 1849 California Gold Rush. Jonathan Schifman, Popular Mechanics, "The Entire History of Steel," 9 July 2018 Your place in the world isn’t wholly defined by wealth. Antonio García Martínez, WIRED, "How Silicon Valley Fuels an Informal Caste System," 9 July 2018 Congratulations to two-time Super Bowl champion Justin Tuck, who graduated with an MBA from Penn’s Wharton School in May and will this month begin a position with Goldman Sachs as a VP in the private wealth management division, per CNBC. Jenny Vrentas, SI.com, "For Many NFL Players, Summer Doesn't Bring Much of a Break," 9 July 2018 Women may not be at the CEO level, but over 50 percent of American managers are women now, and so, at the first three or four levels, the amount of wealth coming in, in terms of income, and so on is enormously high. Recode Staff, Recode, "Full transcript: Business management expert and author Tom Peters on Recode Decode," 7 July 2018 And in May Indosuez, the wealth-management arm of Crédit Agricole, a French bank, acquired Leonardo, a private bank. The Economist, "Italy’s resilient savers are driving consolidation in asset management," 28 June 2018 Rosenfield is the former head of Schnader’s tax and wealth management department and was the Middleton family’s lead attorney for years. Bob Fernandez, Philly.com, "Philly law firm Schnader Harrison, lawyer sued in Middleton brother-sister feud over billions," 26 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'wealth.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of wealth

13th century, in the meaning defined at sense 1

History and Etymology for wealth

Middle English welthe, from wele weal

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Learn More about wealth

Dictionary Entries near wealth

weald

Weald, The

wealpublic

wealth

wealthless

wealthy

wean

Statistics for wealth

Last Updated

6 Nov 2018

Look-up Popularity

Time Traveler for wealth

The first known use of wealth was in the 13th century

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More Definitions for wealth

wealth

noun

Financial Definition of wealth

What It Is

In the business world, wealth is a measure of financial resources.

How It Works

Wealth is usually a measure of net worth; that is, it is a measure of how much a person has in savings, investments, real estate and cash, less any debts. For example, let's say John Doe has a $700,000 house, a car worth $20,000, a medical practice worth $400,000, and $5,000 in a checking account. Added together, these assets may be worth a whopping $1,125,000, but if John Doe is $300,000 in debt from medical school and owes $650,000 on the house, $15,000 on credit cards and $15,000 on the car, his net worth (the assets minus these liabilities) falls to about $145,000. In other words, if he were to sell everything today and pay off all his debts, he would have only $145,000 that would truly be all his.

Why It Matters

Income is routinely mistaken for wealth. For example, if John Doe's income is $250,000 per year, some people might say John is "wealthy." However, if John's mortgage, car payments, student loans from medical school, medical bills for his child, and private school tuition for his other child consume most of his monthly income, he may not have much left for saving at the end of the month. Consequently, John may have a nice house, but he has virtually nothing saved up for retirement, college, or emergencies. That is, he may have a high income, but he is not "wealthy" because he owns little of the things in his life.

Source: Investing Answers

wealth

noun

English Language Learners Definition of wealth

: a large amount of money and possessions

: the value of all the property, possessions, and money that someone or something has

: a large amount or number

wealth

noun
\ˈwelth \

Kids Definition of wealth

1 : a large amount of money or possessions

2 : a great amount or number a wealth of ideas

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Comments on wealth

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