Definition, Meaning & Synonyms

inherited wealth

Noun

/ɪnˈhɛrɪtɪd wɛlθ/

Definition

Wealth that is passed down from one generation to another, typically through family ties.

Examples

She did not rely on inherited wealth; instead, she built her own successful business.
Many believe that inherited wealth creates an unfair advantage in society.
The trust fund was established to manage the family’s inherited wealth.

Meaning

Inherited wealth refers to monetary assets, property, or valuable possessions that individuals receive from their relatives after their death. This type of wealth can significantly impact one’s financial status and opportunities in life.