Meaning of the word avaricious in English

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

avaricious

US /ˌæv.əˈrɪʃ.əs/
UK /ˌæv.əˈrɪʃ.əs/

Adjective

having or showing an extreme greed for wealth or material gain

Example:
The avaricious businessman was known for exploiting his employees.
His avaricious nature led him to accumulate vast amounts of wealth.