conspicuous consumption

/kənˌspɪkjəwəs kənˌsʌm(p)ʃən/
IPA guide

Definitions of conspicuous consumption
  1. noun
    buying expensive services and products in order to flaunt your wealth
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    type of:
    consumption, economic consumption, usance, use, use of goods and services
    (economics) the utilization of economic goods to satisfy needs or in manufacturing
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