Fallacious belief that something must be good because you shelled out a lot of money for it. From the joke about two nouveau-riche types who are standing next to each other at a party wearing identical ties. One says, "I got this tie for five hundred Euro". The other says, "That's nothing. I got mine for at least two thousand Euro." Not to be confused with the principal that if you buy cheap, you get cheap ... for a yuppie's necktie is never cheap.
Don't spend a hundred grand on a car. Only those who can't see through the yuppie's necktie fallacy do that.
Prices shown in USD.
Type your email address below to get our free Urban Word of the Day every morning!
Emails are sent from email@example.com. We'll never spam you.