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What does well off mean?

Looking for the meaning or definition of the word well off? Here's what it means.

Adjective
  1. Of a person, being in fortunate circumstances, especially having financial security.
  2. Of any item, in a good position or circumstance.
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Examples
Yeah, they play well off of each other, but I can't help feeling like it's a corny chemistry at best.
An isolated, bleak windswept wilderness it lies well off the beaten track and until recently was completely closed to foreigners.
A babushka, very well dressed and apparently well off, decided that it was her duty to inform me that I shouldn't smoke.
When you look at the versatility, durability, functionality and quality of our equipment we are very well off.
Australians need to remember how well off we really are and how sheltered we are from the worse excesses of the world.
The main energy is more northerly track, perhaps producing cyclogenesis well off the east coast of Long Island.

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