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Bookmark or Share- Luxury goods - WikipediaWine and foie gras. In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a more significant proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. [1] Luxury goods is often used synonymously with ...
- LUXURY | English meaning - Cambridge DictionaryLuxury cruises are gaining in popularity. They are staying in a luxury lodge in the Seychelles. The company expanded its range of luxury cars. He owns a luxury villa on the Amalfi Coast. They have six luxury holiday apartments for sale. They make luxury cars for a small but significant niche market.
- Luxury Definition & Meaning - Merriam-WebsterThe meaning of LUXURY is a condition of abundance or great ease and comfort : sumptuous environment. How to use luxury in a sentence.
- Luxury | Definition & Examples | Britannica Moneyluxury, word that implies a relatively large consumption of wealth for nonessential pleasures. There is, however, no absolute definition of luxury, for the conception is relative to both time and person.
- luxury noun - Definition, pictures, pronunciation and usage notes ...Definition of luxury noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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