Definition, Meaning & Synonyms

luxury-goods

noun
/ˈlʌkʃəri ɡʊdz/
Definition
Luxury goods are products that are not considered essential but are highly desired within a culture and are associated with wealth or social status.
Examples
  • Watches, designer clothing, and premium automobiles are examples of luxury goods.
  • During the holiday season, sales of luxury goods typically increase as people buy gifts for loved ones.
  • The opening of a new luxury goods store attracted many wealthy customers.
Meaning
Items that offer comfort, elegance, and indulgence, often characterized by high quality and exclusivity.
Synonyms
  • High-end products
  • Premium goods
  • Exclusive items