bn:00052402n
Noun Concept
Categories: All articles needing additional references, Goods, Brand management, Retailing by products and services sold, Luxury brands
EN
luxury  luxury goods  luxury good  Contemporary luxury  high-end
EN
Something that is an indulgence rather than a necessity WordNet 3.0
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EN
Something that is an indulgence rather than a necessity WordNet 3.0 & Open English WordNet
In economics, a luxury good is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Wikipedia
An economic good or service for which demand increases more than proportionally as income rises Wikipedia Disambiguation