conspicuous consumption Hear it!

conspicuous consumption definition

conspicuous consumption

showy extravagance in buying or using goods or services, meant to impress others with one's wealth, status, etc.

Etymology: coined by Thorstein (Bunde) Veblen in The Theory of the Leisure Class

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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