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English definition of “conspicuous consumption”

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conspicuous consumption

noun [U]
 
 
disapproving
the practice of buying expensive goods in order to show people how rich you are: The symbols of conspicuous consumption are the fur coats worn by the rich wives of the bankers at the conference.
Translations of “conspicuous consumption”
in Chinese (Traditional) 炫耀性消費…
in Chinese (Simplified) 炫耀性消费…
(Definition of conspicuous consumption from the Cambridge Business English Dictionary © Cambridge University Press)
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