luxury Meaning in Cambridge Business English Dictionary
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Meaning of "luxury" - Business English Dictionary

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luxury

noun
 
 
/ˈlʌkʃəri/ ( plural luxuries)
[U] the pleasure and comfort you get from expensive and beautiful things: I made money on shares and for a while I lived in luxury.a luxury apartment/car/yacht The market for luxury cars was badly hit by the recession.a luxury cruise/hotel/resort They plan to build a luxury hotel in Nairobi.luxury brands/goods/items The store sells luxury brands such as Prada and Chanel.
[C] something expensive which is pleasant to have but is not really necessary: He enjoys luxuries, such as champagne and caviar. Foreign travel is still an expensive luxury that many cannot afford.
[S] something that gives you pleasure or an advantage which you do not usually have: A day off work is such a luxury. I enjoyed the luxury of travelling business class. We cannot afford the luxury of delaying this decision.
(Definition of luxury from the Cambridge Business English Dictionary © Cambridge University Press)
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