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avarice (noun) excessive desire for money and possessions.
Midas, in the story of King Midas and the Golden Touch, is a good example of a man possessed by avarice, that is, an excessive desire for money and wealth. A man of avarice lets go no chance of acquiring wealth and accumulating it. A desire for money for money's sake and not just as a means to lead a comfortable life is avarice. A man having avarice is usually so selfish that he does not care even about relationships or sentiments.
- Avarice makes a person most often inhuman, for in their desire to earn as much as they can they lose feelings for their kith and kin and do not care what happens to them.
- Avarice in persons makes them lead miserly lives, during which, they deny themselves even the minimum comforts which their money can easily buy, and die miserable deaths.