Terms Beginning With 'w'

Wealth

  • January 17, 2020
  • Team Kalkine

Wealth has a wide array of meanings which can be specific to one’s self. Widely, it is the true measure of all assets of worth that is owned either by a company, person, country or community. It can be termed as the accumulation of valuable economic resources. In regular terms, wealth is measured by totalling the real resources under one's control (eliminating debts). For businesses, it is the shareholders’ equity or book value.

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