wealth

1. General: tangielb or intangible thing that makes aperson,    

    family, or group better off.

2.accounting : Vlaue of an entity's accumulated tangiblecash, 

   land, building, etc.) and intangible (copyright,patents, 

   trademarks, etc.) saleable posessions minusliabilities.

3 Economics: Total of all essets of an economic unit that 

   generate current-income or have the potential to 

   generatefuture income. It includes netural-resources and 

   human-capital but generally excludes money and securities 

   because the represent only claims to wealth. Two common 

   types of economic wealth are (1) Monetary wealth: anything 

   that can be bought and sold, for which there is market and 

   hence aprice. The market price, however, reflects only 

   thecommodity price and not necessarily its value. For 

   example water is essentia for human existence but isusually 

   verycheap. (2)Non-monetery-wealth: things which depend 

   on scarce resources, and for which there is demand, but are 

   not bought and sold in a market and hence have no 

   price.Examples are education,health, and defense