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The meaning of luxury is a condition of abundance or great ease and comfort :

How to use luxury in a.

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Great comfort, especially as provided by expensive and beautiful things:

In economics, a luxury good (or upmarket good) is a product or item or service for which demand increases more than what is. Additionally, our previously published article on How Experience Economy Is Influencing Lifestyle Choices In The U.S. has gained significant attention for its in-depth coverage of this subject matter.