# sovereign wealth (held)

Money a collective self saves and puts in markets for all its members together, making its boundary wider so the whole group reads as keeping it.

- Computed level: L18 (depth in the emergence graph, not abstraction)
- Status: published  ·  Domain: agency

## Emergence
**Emerges from:** [collective self](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-collective-self.shared), [boundary](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-boundary.limit), [money](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-money.economic), [save](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-save.preservation), [market](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-market.economic), [wealth](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-wealth.range), [put](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-put.placement), [member](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-member.social), [make](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-make.verb), [wide](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-wide.spatial), [whole](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-whole.complete), [groups](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-groups.collection), [read](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-read.information), [keep](https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-keep.maintenance)

**Through:** Money that would belong to no one member is kept as the group's own and made to grow, so the collective self holds wealth the way one person would.

**Novel properties:**
- wealth with a group as its only holder
- saving across generations of members

## Examples
- Norway's Government Pension Fund Global, set up in 1990, invests the state's petroleum revenue in markets abroad. *(economics)*

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*Canonical: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-sovereign-wealth.held*  
*Structured data: https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-sovereign-wealth.held.json*  
*Every definition provably resolves to space, time, energy and pattern.*