extravagant
/ɪkˈstrævəgənt/ adjective disapprovingDefinition
› spending or costing a lot of money: Severe cuts in public spending mean that demands for extravagant pay rises are no longer realistic. an extravagant lifestyle extravagant spending/expenditure
› not based on facts and therefore not likely to be true: an extravagant claim/promise
(Definition of extravagant adjective from the Cambridge Business English Dictionary
© Cambridge University Press)
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