Wealth Disparity
/ˈwɛlθ dɪˈspærɪti/
Definitions
- (n.) The unequal distribution of assets and income among individuals or groups, often examined under law for its impact on social justice or economic policy.
The court considered the wealth disparity between the parties when deciding on alimony.
Forms
- wealth disparity
Related terms
See also
Commentary
Often addressed in legal contexts involving tax law, family law, and social policy; precise measurement and legal standards vary by jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.