Now reason is both speculative and practical: and in both we find the apprehension of truth (which pertains to the discovery of truth), and judgment concerning the truth. Accordingly, for the apprehension of truth, the speculative reason is perfected by “understanding”; the practical reason, by “counsel.” In order to judge aright, the speculative reason is perfected by “wisdom”; the practical reason by “knowledge.”the appetitive power, in matters touching a man’s relations to another, is perfected by “piety”; in matters touching himself, it is perfected by “fortitude” against the fear of dangers; and against inordinate lust for pleasures, by “fear,” according to Prov. 15:27: “By the fear of the Lord every one declineth from evil,” and Ps. 118:120: “Pierce Thou my flesh with Thy fear: for I am afraid of Thy judgments.” Hence it is clear that these gifts extend to all those things to which the virtues, both intellectual and moral, extend.From the Summa Theologiae of St. Thomas Aquinas, Ia-IIae, q.68, a.4, co.
So, wisdom is to know good and evil, and knowledge to be drawn toward the good.
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