Meaning of “novelty” in the English Dictionary

"novelty" in British English

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noveltynoun

uk /ˈnɒv.əl.ti/ us /ˈnɑː.vəl.t̬i/

C2 [ U ] the quality of being new and unusual:

The novelty of these toys soon wore off and the children became bored with them.
In Britain in the 1950s, television still had novelty value.

C2 [ C ] something that has not been experienced before and so is interesting:

Tourists are still a novelty on this remote island.

[ C ] a cheap unusual object such as a small toy, often given as a present:

The shop sells gifts and other novelties.
A Christmas cracker usually contains a paper hat, a joke, and a novelty.
a novelty item

(Definition of “novelty” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"novelty" in American English

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noveltynoun [ C/U ]

us /ˈnɑv·əl·ti/

the quality of being new or unusual, or a new or unusual experience:

[ U ] The novelty of the toys soon wore off.

(Definition of “novelty” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"novelty" in Business English

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noveltynoun

uk /ˈnɒvəlti/ us

[ U ] the quality of being new and unusual:

Sales of the new game are very high, but they will start to drop as the novelty wears off.

[ C ] something that is new and unusual:

Flexible schedules, once a novelty, are now more commonplace.

[ C ] a cheap unusual object such as a small toy, often given as a present:

We sell toys, glassware, handicrafts, table decorations, and novelties at moderate prices.

(Definition of “novelty” from the Cambridge Business English Dictionary © Cambridge University Press)