Wisdom in Buddhism – Prajñā (Sanskrit: प्रज्ञा) or paññā (Pāli) is wisdom, understanding, discernment or cognitive acuity. Such wisdom is understood to exist in the universal flux of being and can be intuitively experienced through meditation. In some sects of Buddhism, it is especially the wisdom that is based on the direct realization of such things as the four noble truths, impermanence, interdependent origination, non-self and emptiness. Prajñā is the wisdom that is able to extinguish afflictions (kleśas) and bring about enlightenment.
Definition courtesy Wikipedia.