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SourceLaw Dictionary Browse Letter W

Wealth

Legal definition for Indian law research

Definition

Wealth, all useful or agreeable things which posses exchange-value, or, in other words, all useful and agreeable things except those which can be obtained in the quantity desired without labour or sacrifice, 1 Mill's Pol. Eco. 10. The actual and potential possessions and resources of one or more individuals or a community, either convertible into terms of money, or measured by any other standard of value see VALUE.

1. A large quantity of something

2. The state of having abundant financial resources; affluence, Black's Law Dictionary, 7th Edn., p. 1587

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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