Demographics — 1.5 generation 13th generation adultescent age heaping alpha boomer beanpole family bobo Bull Market … New words
Money — 419 scam affluenza alpha boomer alpha earner appraisal mill bad debt art bid shielding BIY … New words
affluenza — (AF.loo.en.zuh) n. An extreme form of materialism in which consumers overwork and accumulate high levels of debt to purchase more goods (affluence + influenza). Example Citation: Our society is more troubled by problems of overabundance. We are… … New words
commodified leisure — (kuh.MOD.i.fide LEE.zhur or LEZH.ur) n. Leisure activities that require the purchase of goods or services. adj. Of or relating to such an activity. Example Citation: The life of the contemporary bourgeoisie is a wearying frenzy of work, work,… … New words
investorism — n. The movement of money away from purchasing goods and services ( consumerism ) towards investing in mutual funds, stocks, and other financial assets. Example Citation: In The Overspent American, Juliet B. Schor...has identified a more recent… … New words
nanny bubble — n. A tongue in cheek economic indicator that tracks the rising cost of hiring a nanny during a strong economy (cf. stock market bubble). Example Citations: But the latest example of such madness, according to Barton Biggs, a veteran investment… … New words
one-stock wealthy — n. A person whose wealth is derived solely from a single, well performing stock. Example Citation: Many of the wealthy are as concerned to protect their paper wealth as to borrow against it. For the southern rubbish collector, Warburg provided a… … New words
personal shoplifter — n. A thief hired by an individual to shoplift goods. Example Citation: In a high profile trial in St. Paul, Minn., reported in News of the Weird in 1997, members of the well to do family of Gerald and Judy Dick were charged with hiring a personal … New words
personal shopper — n. A person hired to shop for clothes, electronics, and other goods and services. Example Citation: Susan Arce of Venice got a call from her first customer Monday morning. Not bad considering she just started advertising Suzzi s Buying Service on … New words
poverty effect — n. A reduction in consumer spending based on a perception of relative poverty caused by the decreasing value of stock market portfolios. Example Citation: Some economists are already talking about a poverty effect caused by sinking stock prices.… … New words