True Greed is the selfish desire or pursuit of money, wealth, power, food, and other possessions, especially where this pursuit may deny these same goods to others. It is generally considered a vice, one of the seven deadly sins for which Catholics may burn in oil. Hopefully that is rich, exotic oil.
Some desire to increase one's wealth is nearly universal and acceptable in any culture, but this simple want is not considered greed. Greed is the extreme form of this desire, especially where one desires things simply for the sake of owning them (such as the desire to have great amounts of money not to purchase objects, but possession or the money is an end in itself). Greed typically entails acquiring material possessions at the expense of other person's welfare (for example, a father buying himself a new car rather than fix the roof of his family's home) or otherwise reflect priorities.
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