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

Though the Far East accounts for some 40% of Russia’s land mass and much of its mineral wealth, it is inhabited today by only 8 million people—fewer than the nearby Chinese provincial city Harbin. Yaroslav Trofimov, WSJ, "The New Beijing-Moscow Axis," 1 Feb. 2019 The women smear their bodies with paint, the men count their wealth in cattle, and the tribe communicate with the souls of ancestors through the smoke of holy fires. Stanley Stewart, Condé Nast Traveler, "Going Off-Grid in Namibia," 21 Dec. 2018 Once regulars of Barneys, the Rose family is left high and dry in a one-stoplight town with nothing but each other and the the vestiges of their former wealth. Steff Yotka, Vogue, "Schitt’s Creek Is Giving the Gift of Fashion This Holiday Season—and All 2019 Long," 20 Dec. 2018 His board seemed nothing more than an expression of wealth trying to claim the counterculture of skateboarding, but exempting him from the difficult parts—the coordination, the road rash, the sweat. James Lynch, Popular Mechanics, "What Happened When I Rode a Boosted Board From New York to Philadelphia," 27 Dec. 2018 Seattle is the largest market in the country without a winter pro sports franchise and has seen an influx of wealth in recent years. Stephen Whyno, The Seattle Times, "NHL adds Seattle as league’s 32nd team, play begins in 2021," 5 Dec. 2018 Not everyone is going to have a Melinda Gates level of wealth. Linda Davis Taylor, SELF, "Beyond Giving Tuesday: How to Make a Giving Plan and Why You Need One," 26 Nov. 2018 In fact, the amount of glitter each character wears is loosely correlated to their level of wealth. Deanna Pai, Glamour, "How Makeup Can Make You Look Rich, According to the Crazy Rich Asians Makeup Artist," 22 Aug. 2018 Economists at the University of Chicago recently published a paper (PDF) with the National Bureau of Economic Research that examined the best indicators of wealth over the last few decades. Don Reisinger, Fortune, "Here Are the Best Indicators of Whether You're Rich," 9 July 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

13 Feb 2019

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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More from Merriam-Webster on wealth

Rhyming Dictionary: Words that rhyme with wealth

Thesaurus: All synonyms and antonyms for wealth

Spanish Central: Translation of wealth

Nglish: Translation of wealth for Spanish Speakers

Britannica English: Translation of wealth for Arabic Speakers

Britannica.com: Encyclopedia article about wealth

Comments on wealth

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