Avarice refers to an intense desire for wealth and material possessions, often at the expense of moral and ethical values. It denotes extreme greed and an insatiable craving for accumulating wealth beyond necessity. Avarice is a negative trait that can lead to selfishness, exploitation, and a lack of empathy towards others. It is often associated with hoarding resources and disregarding the needs of others in pursuit of personal gain. Avarice can be seen in various aspects of society, including business, politics, and personal relationships, and it can have detrimental effects on both individuals and communities.