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conspicuous consumption

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noun
  1. public enjoyment of possessions that are known to be costly so that one's ability to pay for such things is flaunted.
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Origin of conspicuous consumption

used by Thorstein Veblen in The Theory of the Leisure Class (1899)
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Related Words

opulencewasteacquisitiveness

British Dictionary definitions for conspicuous consumption

conspicuous consumption

noun
  1. spending in a lavish or ostentatious way, esp to impress others with one's wealth
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

conspicuous consumption in Culture

conspicuous consumption

Buying unnecessary and expensive products and services as a way to show off wealth. The term was coined by U.S. economist Thorstein Veblen in The Theory of the Leisure Class.

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.