Also called the two collections or two types of merit, they are: the merit of virtue, which develops the method side of the path by practicing generosity and so forth, and the merit of (transcendental) wisdom, which develops the wisdom side of the path by meditation on emptiness and so forth. See also merit.
This glossary contains an alphabetical list of Buddhist terms that you may find on this website. Many of the terms now include phoneticized Sanskrit (Skt) as well as two forms of Tibetan—the phonetic version (Tib), which is a guide to pronunciation, and transliteration using the Wylie method (Wyl). Search for the term you want by entering it in the search box or browse through the listing by clicking on the letters below.