wealth


wealth
wealth wealth [welθ] noun [uncountable]
a large amount of money or valuable possessions:

• Colombia's economy needn't rely solely on its mineral wealth.

• The legislation is designed to give American firms the ability to generate wealth from overseas operations.

— wealthy adjective :

• The firm manages money for wealthy investors and small corporations.

ECONOMICS the total value of goods and services produced in a country in a particular period of time:

• The key task for industrial policy is to create the right climate for the creation of national wealth.

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wealth UK US /welθ/ noun
[U] a large amount of money, property, or valuable possessions that a person or a country owns: create/build/generate wealth »

Leaders in business must create wealth and jobs.

accrue/accumulate wealth »

Households accumulate wealth by spending less than they earn.

household/personal/private wealth »

His personal wealth is estimated at $7 billion.

»

corporate/economic/financial wealth

»

consumer/shareholder wealth

oil/mineral/gas wealth »

Despite the country's oil wealth, most of its citizens live in poverty.

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wealth creation/redistribution

[S] a large amount of something good: a wealth of data/detail/information »

The website gives a wealth of data on a company's stock.

»

He brings a wealth of industry experience to his new position.

See also NATIONAL WEALTH(Cf. national wealth)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • wealth — [ welθ ] noun uncount ** 1. ) a large amount of money and other valuable things: They used some of their wealth to build magnificent town halls. People acquired wealth in the form of goods or animals. a ) the state of being rich: He had an… …   Usage of the words and phrases in modern English

  • wealth´i|ly — wealth|y «WEHL thee», adjective, wealth|i|er, wealth|i|est, noun. –adj. 1. having wealth; rich: »a very wealthy man, a wealthy country. SYNONYM( …   Useful english dictionary

  • Wealth|y — «WEHL thee», adjective, wealth|i|er, wealth|i|est, noun. –adj. 1. having wealth; rich: »a very wealthy man, a wealthy country. SYNONYM( …   Useful english dictionary

  • wealth|y — «WEHL thee», adjective, wealth|i|er, wealth|i|est, noun. –adj. 1. having wealth; rich: »a very wealthy man, a wealthy country. SYNONYM( …   Useful english dictionary

  • Wealth — Wealth, n. [OE. welthe, from wele; cf. D. weelde luxury. See {Weal} prosperity.] [1913 Webster] 1. Weal; welfare; prosperity; good. [Obs.] Let no man seek his own, but every man another s wealth. 1 Cor. x. 24. [1913 Webster] 2. Large possessions; …   The Collaborative International Dictionary of English

  • wealth — W3 [welθ] n [Date: 1200 1300; Origin: weal good condition of life, prosperity (11 19 centuries), from Old English wela] 1.) [U] a large amount of money, property etc that a person or country owns ▪ The country s wealth comes from its oil. ▪ the… …   Dictionary of contemporary English

  • wealth — [welth] n. [ME welthe, wealth, happiness: see WEAL2 & TH1] 1. a) much money or property; great amount of worldly possessions; riches b) the state of having much money or property; affluence [a person of wealth] …   English World dictionary

  • wealth — index assets, boom (prosperity), economy (economic system), effects, finance, income, means (funds) …   Law dictionary

  • wealth — mid 13c., happiness, also prosperity in abundance of possessions or riches, from M.E. wele well being (see WEAL (Cf. weal) (1)) on analogy of HEALTH (Cf. health) …   Etymology dictionary

  • wealth — [n] money, resources abundance, affluence, assets, belongings, bounty, cache, capital, cash, clover*, commodities, copiousness, cornucopia, dough*, estate, fortune, funds, gold, goods, hoard, holdings, lap of luxury*, long green*, lucre,… …   New thesaurus