"Great Wealth Transfer" meaning in English

{
  "head_templates": [
    {
      "args": {
        "1": "-",
        "head": "Great Wealth Transfer"
      },
      "expansion": "Great Wealth Transfer (uncountable)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "American English",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with 1 entry",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with entries",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Economics",
          "orig": "en:Economics",
          "parents": [
            "Social sciences",
            "Sciences",
            "Society",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "[1992 July 5, Dick Marlowe, “Tax Bite Threatens Americans’ Inheritance”, in Orlando Sentinel, page D1:",
          "text": "In a paper titled “Planning For The Great Wealth Transfer,” David L. Babson & Co. Inc. points out the transfer may not go as smoothly as expected unless those passing the money down prove to be as adept at unloading money as they were at making and saving it.",
          "type": "quote"
        },
        {
          "ref": "2003 June 8, Stephen Dubner, “Suddenly Popular”, in New York Times Magazine, page 68:",
          "text": "The Great Wealth Transfer – as it is breathlessly called by financial advisers, estate lawyers, tax collectors, philanthropy directors and assorted “wealth counselors” – will be a steady, soaking rain for decades. A 1999 report by the Social Welfare Research Institute at Boston College estimated that at least $41 trillion, and quite possibly double or triple that amount, will change hands by 2052.",
          "type": "quote"
        },
        {
          "ref": "2006 November, Noah Drezner, “Recessions and Tax-Cuts: Economic Cycles’ Impact on Individual Giving, Philanthropy, and Higher Education”, in International Journal of Educational Advancement, volume 6, number 4, →DOI:",
          "text": "John Havens and Paul Schervish note that over the next 55 years America will experience a “great wealth transfer” where $41 trillion will likely be passed on from one generation to the next—through bequest, philanthropy, and taxes.",
          "type": "quote"
        },
        {
          "ref": "2023 December 5, Jennifer Wines, “How Might the Great Wealth Transfer Change Society?”, in Kiplinger:",
          "text": "Whether you are the direct recipient in the Great Wealth Transfer, or not, this shifting of assets has the potential to impact you, your business and those around you.",
          "type": "quote"
        }
      ],
      "glosses": [
        "The gradual movement of money from baby boomers (people born in the mid-1940s to mid-1960s) to younger generations, either given as gifts or passed on through inheritance."
      ],
      "id": "en-Great_Wealth_Transfer-en-noun-eciy-wsa",
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "baby boomer",
          "baby boomer"
        ],
        [
          "inheritance",
          "inheritance"
        ]
      ],
      "raw_glosses": [
        "(economics, US) The gradual movement of money from baby boomers (people born in the mid-1940s to mid-1960s) to younger generations, either given as gifts or passed on through inheritance."
      ],
      "tags": [
        "US",
        "uncountable"
      ],
      "topics": [
        "economics",
        "sciences"
      ]
    }
  ],
  "word": "Great Wealth Transfer"
}

{
  "head_templates": [
    {
      "args": {
        "1": "-",
        "head": "Great Wealth Transfer"
      },
      "expansion": "Great Wealth Transfer (uncountable)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "American English",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with quotations",
        "English uncountable nouns",
        "Pages with 1 entry",
        "Pages with entries",
        "en:Economics"
      ],
      "examples": [
        {
          "ref": "[1992 July 5, Dick Marlowe, “Tax Bite Threatens Americans’ Inheritance”, in Orlando Sentinel, page D1:",
          "text": "In a paper titled “Planning For The Great Wealth Transfer,” David L. Babson & Co. Inc. points out the transfer may not go as smoothly as expected unless those passing the money down prove to be as adept at unloading money as they were at making and saving it.",
          "type": "quote"
        },
        {
          "ref": "2003 June 8, Stephen Dubner, “Suddenly Popular”, in New York Times Magazine, page 68:",
          "text": "The Great Wealth Transfer – as it is breathlessly called by financial advisers, estate lawyers, tax collectors, philanthropy directors and assorted “wealth counselors” – will be a steady, soaking rain for decades. A 1999 report by the Social Welfare Research Institute at Boston College estimated that at least $41 trillion, and quite possibly double or triple that amount, will change hands by 2052.",
          "type": "quote"
        },
        {
          "ref": "2006 November, Noah Drezner, “Recessions and Tax-Cuts: Economic Cycles’ Impact on Individual Giving, Philanthropy, and Higher Education”, in International Journal of Educational Advancement, volume 6, number 4, →DOI:",
          "text": "John Havens and Paul Schervish note that over the next 55 years America will experience a “great wealth transfer” where $41 trillion will likely be passed on from one generation to the next—through bequest, philanthropy, and taxes.",
          "type": "quote"
        },
        {
          "ref": "2023 December 5, Jennifer Wines, “How Might the Great Wealth Transfer Change Society?”, in Kiplinger:",
          "text": "Whether you are the direct recipient in the Great Wealth Transfer, or not, this shifting of assets has the potential to impact you, your business and those around you.",
          "type": "quote"
        }
      ],
      "glosses": [
        "The gradual movement of money from baby boomers (people born in the mid-1940s to mid-1960s) to younger generations, either given as gifts or passed on through inheritance."
      ],
      "links": [
        [
          "economics",
          "economics"
        ],
        [
          "baby boomer",
          "baby boomer"
        ],
        [
          "inheritance",
          "inheritance"
        ]
      ],
      "raw_glosses": [
        "(economics, US) The gradual movement of money from baby boomers (people born in the mid-1940s to mid-1960s) to younger generations, either given as gifts or passed on through inheritance."
      ],
      "tags": [
        "US",
        "uncountable"
      ],
      "topics": [
        "economics",
        "sciences"
      ]
    }
  ],
  "word": "Great Wealth Transfer"
}