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luxury
This term describes an experience or possession that exceeds basic needs, often carrying a connotation of indulgence or exclusivity. When referring to a lifestyle, it suggests an environment of opulence and high cost. When referring to an object, it identifies something non-essential yet highly coveted.
In a more abstract sense, the word is used to describe time or opportunities that are scarce, such as the luxury of sleep or the luxury of doubt. In these cases, the value is derived from rarity rather than monetary cost.
Meanings
Examples
They lived a life of absolute luxury in their penthouse.
A high-end sports car is a luxury most people cannot afford.
Having a quiet hour to read a book is a luxury in her busy schedule.