Definition, Meaning & Synonyms | English word WEALTH

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Definitions of WEALTH

1. (uncountable, economics) Riches; a great amount of valuable assets or material possessions.
2. (countable) A great amount; an abundance or plenty.
3. (uncountable, obsolete) Prosperity; well-being; happiness.

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Examples of Using WEALTH in a Sentence

• The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work that treats economics as a comprehensive system and as an academic discipline.
• His 1889 article proclaiming "The Gospel of Wealth" called on the rich to use their wealth to improve society, expressed support for progressive taxation and an estate tax, and stimulated a wave of philanthropy.
• In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.
• A person may attain celebrity status by having great wealth, participation in sports or the entertainment industry, their position as a political figure, or even their connection to another celebrity.
• Cultural imperialism often uses wealth, media power and violence to implement the system of cultural hegemony that legitimizes imperialism.
• Originally a phrase (the common-wealth or the common wealth – echoed in the modern synonym "public wealth"), it comes from the old meaning of "wealth", which is "well-being", and was deemed analogous to the Latin res publica.
• Often ornaments have been found within an excavated cist, indicating the wealth or prominence of the interred individual.
• The economy of the Democratic Republic of the Congo has declined drastically around the 1980s, despite being home to vast potential in natural resources and mineral wealth; their gross domestic product is $69.
• He won the Nobel Prize in Literature in 1981, "for writings marked by a broad outlook, a wealth of ideas and artistic power".
• A consistent theme of reform includes the idea that large systematic changes to educational standards will produce social returns in citizens' health, wealth, and well-being.
• A Gini coefficient of 0 reflects perfect equality, where all income or wealth values are the same, while a Gini coefficient of 1 (or 100%) reflects maximal inequality among values, a situation where a single individual has all the income while all others have none.
• After his father's institutionalization in 1893, he lived affluently until his family's wealth dissipated after the death of his grandfather.
• By 1540, Mexico had been conquered and state-sponsored expeditions were being sent north in search of new wealth and the existence of a water passage between the Atlantic and Pacific oceans.
• Post-classical and modern heroes, on the other hand, perform great deeds or selfless acts for the common good instead of the classical goal of wealth, pride, and fame.
• Laurens had earned great wealth as a partner in the largest slave-trading house in North America, Austin and Laurens.
• despite being a minority group(s) (less than 25% of the country's population) controls most of the country's wealth.
• Basquiat's art focused on dichotomies such as wealth versus poverty, integration versus segregation, and inner versus outer experience.
• Once in an area of great wealth, the demise of the mediaeval wool trade was indirectly the saving of the village, (as we know it today), since the locals were unable to afford the expense of upgrading their houses with the latest architectural fashions.
• Although the oil discoveries of the 1960s have brought immense wealth, at the time of its independence it was an extremely poor desert state whose only important physical asset appeared to be its strategic location at the midpoint of Africa's northern rim.
• In economics, the Lorenz curve is a graphical representation of the distribution of income or of wealth.

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