Forms
of wealth or types of wealth
Wealth is the total assets of a
person have on a point of time. It includes all the consumption or income from
different thing. It is also known as income from capitalized. We also know that
income is a fulltime or permanent income which we receive whole life. Mostly we
divide all the wealth into five different parts like – money, equities, bond,
physical goods or human capital etc
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| wealth संपति |
ü Money - a word which has a wide area or a
deep meaning. It’s not only to help full to make such a trade or exchange
but it’s also helpful to accumulate & also have a value or unit of
accounting. In it we include the entire thing from which we receive an
interest or income like – different types of saving in bank. This thing gives
it owner a social security’s or different types of facilities.
ü Equities – there are lot of company which is
listed in our stock market. These company issue share or equities to public
& raise money from the market. Any share and security represent an ownership interest. Also an equity
holder earns income in the form of interest or dividend or capital gain by
change in interest rates etc.
ü Bond
– the Bonds also
issue by the company or government for a time frame with fixed or variables
interest rates. Every Bond has a contract with the interest rate or coupon rates that will be paid on time and the loaned amount or funds must be returned after a due date.
ü Physical Goods or Stock - we include all the inventories of consumable things or durable productive things in it. These things affected by tge expected change in price.
ü Human Capital - Any skills or capacity of the human being which is helpful for production.
