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extravagance

noun
 
 
/ɪkˈstræv.ə.ɡəns/

Definition

[U] behaviour in which you spend more money than you need to: I think she was shocked by my extravagance.UncontrolledPaying and spending money [C] something expensive that you buy even though you do not need it: Perfume is my greatest extravagance.BuyingExpensive and luxuriousCosting too much
(Definition of extravagance noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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