Wealth Creation


Also found in: Acronyms.

Wealth Creation

1. Accumulation of assets (especially those that generate income) over a long period of time. A major example of wealth creation is a retirement plan.

2. A byword for economic growth, especially when used at the macroeconomic level.
References in periodicals archive ?
We currently live in an age of opportunity and accelerated wealth creation, similar to the Gilded Age of the late 19th and early 20th Centuries, when entrepreneurship in the U.
The reason is the urbanisation in developing countries and the explosive growth of the middle class and its impact on wealth creation, particularly in China and India.
GDP is also flawed in that it measures production rather than wealth creation.
PAT refers to the net profit of Longrun Tea Wealth Creation after deducting all charges but before extraordinary items.
On the other hand, there are those highly visible, enormous CEO paychecks that are often unconnected to wealth creation.
Strategies for Wealth Creation & Protection, an agency of the Guardian Life Insurance Company of America, has announced the company's plans for expansion and relocation within Westchester County.
This is sad because the past quarter-century will go down as a kind of historic golden period of prosperity, both for wealth creation and poverty reduction (See "Today's Golden Age of Poverty Reduction" in the Spring 2006 issue of The International Economy.
This volume collects some of this work and addresses itself to the Catholic perspective on wealth creation and distribution.
There can be a huge gap between the apparent rate of wealth creation and the true wealth creation, particularly in developing nations.
Cook calculations indicate that only a 6 percent annualized rate of return is required before stock options overtake restricted stock in terms of wealth creation.
Cooperatives can enable African Americans to have more control of their income, wealth creation, and work situation--particularly if it's a worker-owned co-op," says Jessica Gordon Nembhard, a member of the BLACK ENTERPRISE Board of Economists and professor of African American Studies at the University of Maryland, College Park "Coops can also give workers more control over their finances and industrial labor.
Our ultimate mission is about job creation, which leads to wealth creation and then more job creation,'' he said.