Noun: conspicuous consumption kun'spik-yoo-us kun'súmp-shun
- Buying expensive services and products in order to flaunt your wealth
"The celebrity's purchase of a gold-plated smartphone was seen as an example of conspicuous consumption"
Derived forms: conspicuous consumptions
Type of: consumption, economic consumption, usance [archaic], use, use of goods and services
Encyclopedia: Conspicuous consumption