Merit- One of the nine Tattvas (categories of truth);
the auspicious Kartna-pudgalas (material clusters qua Karma).
śubhaṃ karma puṇyam.
(Jaisidī 4.12)
śubhaṃ karma sātavedanīyādi puṇyamabhidhīyate. upacārācca yadyannimitto bhavati puṇyabandhaḥ, so'pi tad-tadśabdavācyaḥ, tataśca tannavavidham. yathā....annapuṇyam....(Jaisidī 4.12 Vṛ)
sohaṇavaṇṇāiguṇaṃ subhāṇubhāvaṃ ca jaṃ tayaṃ puṇṇaṃ. vivarīyamao pāvaṃ...(ViBhā 1940)
See - Dravyapuṇya, Bhāvapuṇya.