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wealth

Definition of Wealth

(noun) The total amount of money and assets an individual or group owns.

Wealth Pronunciation

Pronunciation Usage Guide

Syllabification: wealth

Audio Pronunciation

– American English
– British English

International Phonetic Alphabet

  • American English – /wɛlθ/
  • British English – /wɛlθ/

Usage Note

  • Wealth is typically measured by net worth, which is the total value of money and owned assets owned (e.g., real estate, stocks) minus the total value of all debts (e.g., credit cards, loans). The key point is wealth is what you actually own, not what you have merely in your possession.

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References

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Cite the Definition of Wealth

ASA – American Sociological Association (5th edition)

Bell, Kenton, ed. 2013. “wealth.” In Open Education Sociology Dictionary. Retrieved December 10, 2019 (https://sociologydictionary.org/wealth/).

APA – American Psychological Association (6th edition)

wealth. (2013). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/wealth/

Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)

Bell, Kenton, ed. 2013. “wealth.” In Open Education Sociology Dictionary. Accessed December 10, 2019. https://sociologydictionary.org/wealth/.

MLA – Modern Language Association (7th edition)

“wealth.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2013. Web. 10 Dec. 2019. <https://sociologydictionary.org/wealth/>.