What is the Meaning & Definition of luxury

When it comes to luxury is is referring to something unique. A luxury is something most people can't get either because it is too expensive, because it is something that occurs rarely in life, or because there are special and scarce opportunities that a few can take advantage. Normally, the term luxury is linked to a lifestyle or consumer that implies that everything has to be exclusive, expensive and extremely unique, so it becomes more special, more expensive and more exclusive. A luxurious lifestyle is a lifestyle that is characterized by being determined by the consumption of products and brands of very high rank. Usually, extremely spacious and exquisite furnishings and housing with an excellent location, last car model, different technological equipment, works of art, pieces of clothing or accessories of brand or exclusive designers, access to travel and exclusive transport are some of the elements that make a luxurious lifestyle, one that only a very small part of the world's population can enjoy. In this sense, one of the features that make the luxury is the fact of its exclusivity. This means that luxury is a benefit that establishes social status and makes the difference between the different groups of the society according to the style of life that lead or the type of products that consume. However, today the growth of massive and important consumer markets has managed to brands and products once considered unattainable and luxury for the majority of the population, to establish more accessible versions of their exclusive products, replicas and promotions that allow access to objects or very good quality services at much lower prices.