Veblen Goods

C2 16+

Synonyms of Veblen goods

Antonyms of Veblen goods

Collocations of Veblen goods

luxury goods
Frequency: 80 %

Veblen goods are often associated with luxury goods due to their high price and exclusivity.

conspicuous consumption
Frequency: 75 %

Veblen goods are often purchased for the purpose of conspicuous consumption, to show off one's wealth.

status symbols
Frequency: 70 %

Veblen goods are commonly used as status symbols to display wealth and social standing.

high-end products
Frequency: 65 %

Veblen goods are considered high-end products due to their premium pricing and exclusivity.

exclusivity
Frequency: 60 %

Veblen goods are valued for their exclusivity, making them highly desirable to consumers.

Idiomatic Expressions for Veblen goods

  • Phrase: Conspicuous consumption
    Meaning: The practice of purchasing and using goods and services to display wealth and status, often beyond what is necessary for practical purposes.
    Usage: His extravagant spending on designer clothes is a form of conspicuous consumption.