Averice is defined as being incapable of enjoying one’s own possessions and other material objects, clinging to them, and being unwilling to part with them or share them with others. It is an over-concern with the material things in life stemming from over-attachment to wealth and honor, and it belongs to passion-lust. Avarice functions as the basis for not letting up in one's concern for the material things of life.
Averice is one of the Fourteen Unwholesome Mental Factors and one of the Ten Fetters.
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