An item, such as a Rolls Royce or a fur coat, which most members of society think of when faced with the concept of wealth. Usually, such items have little utility, have a high maintenance cost, or are marginal improvements over the less classy version. Status symbols are often transitory; linoleum tiles were once thought to be symbols of wealth and power, but are now thought of as passe and ordinary. Other examples of status symbols include mansions, diamonds, gold, and platinum

Log in or registerto write something here or to contact authors.