Meaning of the word "well heeled" in English

What does "well heeled" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

well heeled

US /ˌwel ˈhiːld/
UK /ˌwel ˈhiːld/
"well heeled" picture

Adjective

1.

having plenty of money

Example:
The new restaurant attracts a well-heeled clientele.
They live in a well-heeled neighborhood.
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