Definition, Meaning & Synonyms

wealth-disparity

noun

/wɛlθ dɪˈspɛrɪti/

Definition

Wealth disparity refers to the unequal distribution of assets and wealth among individuals or groups within a society.

Examples

The wealth-disparity in urban areas can be stark, with some neighborhoods thriving while others struggle.
Efforts to address wealth-disparity are essential for promoting social equality.

Meaning

Wealth disparity indicates a significant gap in wealth between different segments of the population, often leading to distinct social and economic consequences.