big ticket item
Definition
Items that are of high value such as houses or cars, as well as other expensive products like furniture and appliances. There is no actual dollar figure threshold that defines a big ticket item, and the item does not necessarily need to be considered a luxury item. In the context of retail establishments, a big ticket item can also refer to products that have selling prices and profit margins that are significantly higher than those of other items in the store.
Related Articles
- Common Forex Scams *
- How to Sell a House *
- Long-Term Investment Choices *
- Pros and Cons of Leasing vs Buying a Vehicle *
- Information on the Less Commonly Used Types of Insurance *
- What is a non-profit corporation? *
- Inflation, Interest Rates and the Fed *
- "Bull Spread" Stock Option Investment Strategy *
Related Videos
http://www.businessdictionary.com/definition/big-ticket-item.html
