InvestorWords.com
luxury
Definition
A good or service that is not considered a necessity but is considered as something that brings pleasure or happiness. For example, an individual might purchase an expensive automobile because of the status and comfort that it will bring, though a used car would suffice for traveling purposes.
Recommended Articles from InvestorGuide.com
Featured Tip
A Saying on Luxuries and NecessitiesGive me the luxuries of life and I will gladly do without the necessities. ... Read more
Additional Tip(s)
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!



