wealth

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Related to affluent: Mass affluent

wealth

1. a large amount of money and valuable material possessions
2. the state of being rich
3. Economics all goods and services with monetary, exchangeable, or productive value

wealth

the value of the resources possessed by an individual or a society (compare CAPITAL).

An important issue in any society is the distribution of wealth within it. Usually, in all but the simplest of societies, the ownership of wealth is unequal, and the degree to which this is so is an important differentiating feature of types of society. In the modern world advanced industrial societies generally manifest less inequality of income than less developed societies, but inequalities in the distribution of wealth remain great, although these are often difficult to quantify, given the tendency of wealth to go often unreported – e.g. at the time of death -because it is subject to taxation.

The massive inequality in wealth which exists between societies – especially between FIRST and THIRD WORLD societies – is, of course, also a major feature distinguishing between nation states in the modern WORLD SYSTEM, and a major aspect of the potential economic and political instability of this system.

Wealth

See also Luxury, Treasure.
Weaving (See SEWING and WEAVING.)
Abu Dhabi
Persian Gulf sheikdom overflowing with petrodollars. [Mid-East Hist.: NCE, 9]
Big Daddy
wealthy Mississippi landowner of humble origins. [Am. Lit.: Cat on a Hot Tin Roof]
black and gold
symbol of financial prosperity. [Heraldry: Jobes, 222]
buttercup
traditional symbol of wealth. [Plant Symbolism: Flora Symbolica, 167]
Cave of Mammon
abode of god of riches. [Br. Lit.: Faerie Queene]
Corinth
ancient Greek city; one of wealthiest and most powerful. [Gk. Hist. and Myth.: Zimmerman, 69]
Croesus
Lydian king; name became synonymous with riches. [Gk. Myth.: Kravitz, 69]
Dives
rich man who ignored poor man’s plight; sent to Hell. [N.T.: Luke 16:19–31]
Erichthonius
world’s richest man in classical times. [Gk. Myth.: Kravitz, 91]
Fortunatus’ purse
luckless man receives gift of inexhaustible purse. [Ital. Fairy Tale: LLEI, I: 286]
Fuggers
16th-century German financiers. [Ger. Hist.: NCE, 1023–1024]
Hughes, Howard
(1905–1976) eccentric millionaire; lived as recluse. [Am. Hist.: NCE, 1284]
Midas
Phrygian king; whatever he touched became gold. [Gk. and Rom. Myth.: Wheeler, 24]
Plutus
god of wealth: blind (indiscriminate); lame (slow to accumulate); and winged (quick to disappear). [Gk. Lit.: Plutus]
Rockefeller, John D(avison)
(1839–1937) oil magnate; name has become synonymous with “rich.” [Am. Hist.: Jameson, 431]
Solomon
fabulous riches garnered from gifts and tolls. [O.T.: I Kings 10:14–25]
Timon
rich Athenian; ruined by his prodigal generosity to friends. [Br. Lit.: Timon of Athens]
turquoise
seeing turquoise after a new moon brings wealth. [Gem Symbolism: Kunz, 345]
Warbucks, Daddy
adventurous soldier of fortune and richest man in world. [Comics: “Little Orphan Annie” in Horn, 459]
wheat stalk
traditional symbol of wealth. [Flower Symbolism: Flora Symbolica, 178]
References in periodicals archive ?
This affluent market extends beyond Manhattan and the United States to Asia, South America and Europe - and to reach them, Dugow creates global campaigns.
Goldberg said the bottom line is that about $4 million in annual sewer service charges would be shifted from affluent communities to less-affluent ones.
He notes, for example, that "the relatively generous benefits that Congress has made possible over the past generation have done almost nothing for the bottom echelon of Social Security recipients, serving only to widen the gap between the elderly poor and the elderly affluent.
The wealth of mass affluent and high net worth (HNW) consumers in Western Europe was negatively impacted by the poor conditions in the market, mainly due to the financial turmoil in 2008 and sovereign debt crisis in 2011.
The mass affluent population is rapidly growing and accounted for a 7.
Wealthy clients are dramatically shifting their loyalties away from financial institutions and toward advisers and "open architecture" Internet platforms, according to a report by the Spectrem Group, a Chicago-based consulting firm specializing in the affluent and retirement markets.
In the new study of 3,142 people who developed melanoma from 1979 through 1993 in the west of Scotland, affluent women developed melanoma at a rate of 16.
Twice as many affluent women as men see themselves working until at least age 80
Research shows affluent investors in Canada to be much more optimistic than their U.
As technology becomes increasingly important in a changing workplace, low-income children don't have the same access to computers and the Internet as do affluent children, a study by a child advocacy group found.
com/research/ba81b0/mass_affluent_rela) has announced the addition of the "Mass Affluent Relationships: U.
23 /PRNewswire/ -- Whether the economy is booming or braking, affluent homeowners still spend on home improvement, fine dining, personal improvement and entertainment, according to RSVP Publications (http://www.