Big Ticket Item

Big ticket items are high-value items, such as houses and cars, as well as expensive products such as appliances, home theater systems and furniture. In the context of retail stores, they may also refer to products with selling price and profit margins that are significantly higher than those of other items in the stores. In economics, big ticket items can also sometimes be called durable goods, which is a good that lasts a relatively long time and provides utility to the user.

There is no accepted dollar threshold level that defines a big ticket item. As well, a big ticket item need not necessarily be a luxury product or one purchased with discretionary income, since many products that typically fall within this category - for example, refrigerators and washing machines - are considered necessities rather than luxury items. Looking at the level of sales of big ticket items or durable goods can be an indicator of the performance of the economy and consumer confidence.

Investment dictionary. . 2012.

Look at other dictionaries:

  • Big ticket item — refers to retail goods that have a high selling price in comparison to other items sold in the same store, and that have high profit potential associated with them.It can also refer to niche stores that sell products at a higher price than… …   Wikipedia

  • big ticket item — /ˌbɪg tɪkɪt ˌaɪtəm/ noun a large expensive item, e.g. a car, washing machine, etc …   Marketing dictionary in english

  • big-ticket item — noun A luxury item. Although commonly referring to an item of significant physical size (e.g. a computer, sports car or big screen television), the term can be applied to any expensive item …   Wiktionary

  • big-ticket — /bɪg ˈtɪkət/ (say big tikuht) adjective very expensive: a big ticket item …   Australian English dictionary

  • Big ticket — You may be looking for: *Big ticket item, an item that has high price compared to other items in a store *Big Ticket Entertainment, a production company …   Wikipedia

  • big-ticket — ADJ: ADJ n If you describe something as a big ticket item, you mean that it costs a lot of money. [mainly AM] A home is a big ticket item …   English dictionary

  • big-ticket — adjective Costly or expensive; having a high price. Doing careful research before purchasing big ticket items such as electronics, appliances, and automobiles can ensure that an investment lasts for many years. See Also: big ticket item …   Wiktionary

  • big-ticket — adjective Date: 1945 having a high price < the car was a big ticket item > …   New Collegiate Dictionary

  • big ticket — American & Australian very expensive. It s a good time to buy a big ticket item like a car or household appliance, as prices have fallen. (always before noun) …   New idioms dictionary

  • ticket — {{11}}ticket (n.) 1520s, short note or document, from an aphetic form of M.Fr. etiquet label, note, from O.Fr. estiquette a little note (late 14c.), especially one affixed to a gate or wall as a public notice, from estiquer to affix, stick on,… …   Etymology dictionary

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