[expat_panama]

You're absolutely right that there are many definitions around and some are better than others.  That's not important.  What's important is that you and I agree on a definition --preferably one used in economics so we can stay on topic.  I suggested one and I'm guessing that you've rejected it.

You're free to state your preferred definition or if you don't like any possible existing static definitions, that's fine too.   Lots of good people make up definitions in mid sentence.   I find it less work to use the definitions from U Mich, they serve well when working in financial careers such as mine.   I can understand how someone else could define wealth as anything they want just to win an argument.   I find it too much work to switch definitions when going from work to worship or home. 

[x5452]

I don't think when discussing saving that the definition of wealth should be structured so that it can hide debt in excess of assets held.