Affluenza

Business, Legal & Accounting Glossary

Definition: Affluenza


Quick Summary of Affluenza


A new disease that is sweeping modern Britain, thanks to business success, inheritance, rising property valuations, and the Lottery. It refers to the sense of confusion and disorientation that the newly rich when they find they are suddenly multimillionaires.

According to one psychologist, the feel ‘shame, guilt, anger, rampant materialism and all manner of compulsive/addictive behaviour’.

One of the worst aspects of the disease is the inability of sufferers to take the one obvious step that will alleviate their condition: donate their wealth to charity.



What is the dictionary definition of Affluenza?

Dictionary Definition


A psychological malaise supposedly affecting wealthy young people, symptoms of which include a lack of motivation, feelings of guilt, and a sense of isolation.

  1. A feeling of dissatisfaction, anxiety, etc., caused by the dogged and ongoing pursuit of more goods and possessions.
  2. A painful, contagious, socially transmitted condition of overload, debt, anxiety and waste resulting from the dogged pursuit of more
  3. 1. The bloated, sluggish and unfulfilled feeling that results from efforts to keep up with the Joneses. 2. An epidemic of stress, overwork, waste and indebtedness caused by dogged pursuit of the American Dream. 3. An unsustainable addiction to economic growth.

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Affluenza. PayrollHeaven.com. Retrieved November 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/affluenza/

Definition Sources


Definitions for Affluenza are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 1 Views.