extravagance
noun
ex·trav·a·gance
ik-ˈstra-vi-gən(t)s
1
a
: an instance of excess or prodigality
specifically
: an excessive outlay of money
b
: something extravagant
a new car is an extravagance we can't afford
2
: the quality or fact of being extravagant
the extravagance of the decorations
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Merriam-Webster unabridged
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