Veblen goods

A form of Veblen good — 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.

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Meanings

noun
  1. pluralplural of Veblen good
Cite this entry
APA

Veblen goods. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/Veblen%20goods

MLA

“Veblen goods.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Veblen%20goods. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “Veblen goods,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/Veblen%20goods.

Source: Veblen goods on Wiktionary, CC BY-SA 4.0.