.

Glossary

.

Appreciation

(1) Any effect of environment upon capacity. (2) The occurrence of such an effect. (3) The category of such effects. Appreciation is one of the four factors of wealth.

Appreciable

(Noun) Something, such as a sound, an object, or a person, capable of affecting the individual whose wealth is being considered.

(Adjective) Capable of affecting the individual whose wealth is being considered.

Appreciate

To be affected by environment.

Capacity

That which separates living creatures from inanimate objects. Capacity is one of the four factors of wealth and signifies collectively (i) the ability to affect (i.e., to influence) Environment and (ii) the ability to receive the effects of (i.e., to appreciate) Environment.

Environment

Everything but the individual whose wealth is being considered. Environment is one of the four factors of wealth.

Environmental feature

Something that is an appreciable or an influenceable.

Influence

(Noun) (1) Any effect of capacity upon environment. (2) The occurrence of such an effect. (3) The category of such effects. Influence is one of the four factors of wealth.

(Verb) To affect environment.

Influenceable

(Noun) Something, such as an object or a person, capable of being affected by the individual whose wealth is being considered.

(Adjective) Capable of being affected by the individual whose wealth is being considered.

Jatalla

An instance of imparting from one to another without loss to the former of that which was imparted.
"Sharing information is an instance of jatalla."

Plutonomic

Of or pertaining to wealth or plutonomics.
"Guns, Germs and Steel presents a theory that may be characterized as plutonomic."

Plutonomics

The science or study of wealth, wealth measurement, and wealth management.
"He majored in plutonomics."

Plutonomy

The act, process or practice of managing an individual's wealth.
"Effective plutonomy calls for skill, vision, and at least a bit of self-discipline."

Usage note: Plutonomics refers to the science of wealth management while plutonomy refers to the practice of managing wealth.

Precision Bias

(1) The tendency to believe that greater precision implies greater accuracy. (2) The tendency to assign greater weight to that which can be quantified than to that which defies quantification.

Wealth

Concurrent definition: The correlation between appreciation and influence actually being presently enjoyed by an individual and the appreciation and influence he or she would choose to enjoy if put to the choice, this correlation being further discounted or augmented by the result of prospective wealth analysis (below).

Prospective wealth analysis: The likelihood that an individual will enjoy, from the moment of measurement on, the appreciation and influence he or she would choose to enjoy if put to the choice.

Retrospective wealth analysis: The correlation between actual appreciation and influence enjoyed by an individual during a given time span and the appreciation and influence he or she would have preferred to have enjoyed during the time span.

 

TERMS 

Appreciation
Appreciable
Appreciate
Capacity
Environment
Environmental feature
Influence
Influenceable
Jatalla
Plutonomics
Plutonomy
Precision Bias
Wealth

 

 

 

 

 

 

back to top

 

 

 

 

 

 

 

 

 

 

 

 

 

 

back to top

 

 

 

 

 

 

 

 

 

 

 

back to top

.

.