conspicuous consumption

conspicuous consumption
noun
buying expensive services and products in order to flaunt your wealth

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noun
: lavish or wasteful spending regarded as establishing or enhancing social prestige

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public enjoyment of possessions that are known to be costly so that one's ability to pay for such things is flaunted.
[used by Thorstein Veblen in The Theory of the Leisure Class (1899)]

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conspicuous consumption noun
Extravagant, ostentatious spending on luxury goods in order to impress other people
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Main Entry: ↑conspicuous

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conspicuous consumption UK US noun [uncountable]
the practice of buying expensive things to show people how rich you are
Thesaurus: activity of shoppinghyponym

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conspicuous consumption,
Economics. the ostentatious purchase or display of luxuries to enhance one's status in society.

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noun [noncount]
: the act or practice of spending money on expensive things that are not necessary in order to impress other people

a culture of conspicuous consumption

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conˌspicuous conˈsumption [conspicuous consumption] noun uncountable
the buying of expensive goods in order to impress people and show them how rich you are

Useful english dictionary. 2012.

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  • conspicuous consumption — ☆ conspicuous consumption n. [coined by VEBLEN Thorstein (Bunde) in The Theory of the Leisure Class] showy extravagance in buying or using goods or services, meant to impress others with one s wealth, status, etc …   English World dictionary

  • Conspicuous consumption — Jewellery and other luxury goods are used for conspicuous and/or invidious consumption Conspicuous consumption is spending on goods and services acquired mainly for the purpose of displaying income or wealth. In the mind of a conspicuous consumer …   Wikipedia

  • Conspicuous Consumption — The purchase of goods or services for the specific purpose of displaying one s wealth. Conspicuous consumption is a means to show ones social status, especially when the goods and services publicly displayed are too expensive for other members of …   Investment dictionary

  • conspicuous consumption — N UNCOUNT Conspicuous consumption means spending your money in such a way that other people can see how wealthy you are. It was an age of conspicuous consumption those who had money liked to display it …   English dictionary

  • conspicuous consumption — /kənˌspɪkjuəs kənˈsʌmpʃən/ (say kuhn.spikyoohuhs kuhn sumpshuhn) noun the consumption of material goods in a manner designed to parade one s wealth; gross consumption: *Largely perhaps because of social insecurity, homosexuals have long sought to …  

  • Conspicuous consumption — Geltungskonsum ist eine 1899 von Thorstein Veblen eingebrachte und auf seine „Theorie der feinen Leute“ (The Theory Of The Leisure Class) zurückgehende soziologische Bezeichnung für auffälliges, auf öffentliche Wirksamkeit zielendes,… …   Deutsch Wikipedia

  • conspicuous consumption — noun A public display of acquisition of possessions with the intention of gaining social prestige; excessive consumerism in order to flaunt ones purchasing power. Conspicuous consumption is a proof of economic success …   Wiktionary

  • conspicuous consumption — /kənˌspɪkjuəs kən sʌmpʃən/ noun the consumption of goods for show or to get approval, rather than because they are useful. Q consumption …   Marketing dictionary in english

  • conspicuous consumption — over consumption, over use, excess intake …   English contemporary dictionary

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