extravagance

/ɪkˈstrævəɡəns/
noun
  1. The quality of being wasteful or spending more money than is necessary or reasonable.
    • Her extravagance with designer clothes left her with no savings.
    • He criticized the extravagance of buying a yacht when they couldn't pay the rent.
    • The company's extravagance on office parties led to budget cuts.
  2. Something that is expensive and not necessary, often bought for pleasure or luxury.
    • Buying organic strawberries in winter felt like a small extravagance.
    • A weekend at a five-star hotel was a rare extravagance for the family.
    • For her birthday, she allowed herself the extravagance of a spa day.
Antonyms
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