Meaning of the word wherewithal in English

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

wherewithal

US /ˈwer.wɪ.ðɑːl/
UK /ˈweə.wɪ.ðɔːl/

Noun

the money or other means needed for a particular purpose

Example:
He lacked the financial wherewithal to start his own business.
Do you have the wherewithal to complete this challenging task?