lipstick effect

noun

The theory that consumers are more willing to buy less costly luxury goods during economic crises.

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Meanings

nounlipstick effect (plural lipstick effects)

plural lipstick effects

  1. economicsThe theory that consumers are more willing to buy less costly luxury goods during economic crises.
Cite this entry
APA

lipstick effect. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/lipstick%20effect

MLA

“lipstick effect.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/lipstick%20effect. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “lipstick effect,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/lipstick%20effect.

Source: lipstick effect on Wiktionary, CC BY-SA 4.0.