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addaword.gifdefinition of Veblen goods

noun
a term used in economics: luxury goods (such as expensive cars or watches) which become exclusive (and therefore more desirable) the more they cost
Submitted by: Evan from United Kingdom on 19/03/2013 10:38:00
Definition of Veblen goods from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online

mom jeans

a style of loose-fitting jeans with a high waist, often considered unfashionable

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