"Veblen good" meaning in English

See Veblen good in All languages combined, or Wiktionary

Noun

Audio: En-us-Veblen good.oga [US] Forms: Veblen goods [plural]
Etymology: Named after economist Thorstein Veblen, who first pointed out the concepts of conspicuous consumption and status-seeking. Etymology templates: {{yesno||n|N}} N, {{named-after/list|economist||||}} economist, {{!}} |, {{lang|en|Thorstein Veblen}} Thorstein Veblen, {{named-after|en|Thorstein Veblen|occ=economist|wplink==}} Named after economist Thorstein Veblen Head templates: {{en-noun}} Veblen good (plural Veblen goods)
  1. (economics) A luxury item for which demand increases as its price rises, defying the standard law of demand due to its role as a status symbol. Related terms: Veblen effect, Giffen good, positional good, status symbol
    Sense id: en-Veblen_good-en-noun-hAkgWQ-V Categories (other): English entries with incorrect language header, Pages with 1 entry, Pages with entries, Economics Topics: economics, sciences

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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2026-09-06 from the enwiktionary dump dated 2026-09-02 using wiktextract (ccec6f1 and 4deed51). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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