Wealth
A measure of the value of all of the assets of worth owned by a person, community, company or country. Wealth is the found by taking the total market value of all the physical and intangible assets of the entity and then subtracting all debts. Investopedia Says:
Essentially, wealth is the accumulation of resources. People are said to be wealthy when they are able to accumulate many valuable resources or goods. Wealth is expressed in a variety of ways. For individuals, net worth is the most common expression of wealth, while countries measure by gross domestic product (GDP) or GDP per capita. Related Terms:
Gross Domestic Product - GDP
High Net Worth Individual - HNWI
Net Worth
The Wealth Effect
Wealth Added Index - WAI
Wealth Management |