consumer surplus

an economic term for the benefit you get (or retain) when you obtain something for less than you think it is really worth.

I got a new Gizmondo for 100 pounds and I would have paid up to 200 so I had a lot of consumer surplus.
That company has a monopoly so they jack up the prices to erode my consumer surplus.

by adam_before_eve July 30, 2006

Consume

To shove it in ya gob

I'm going to consume this pineapple

by jiminieepaboo August 24, 2017

consumerize

The act of succumbing to or forcing someone into the consumer mentality; usually infers negative connotations.

James totally consumerized himself during a spending spree at the mall, buying an iPhone AND 3 pairs of Gap jeans.

by philipacamaniac February 27, 2008

consume the child

~ the government

person 1: a child was born

government: consume the child

by a consumed child October 24, 2020

Consumermas

The reorientation of Christmas from a celebration of the birth of Christ to an excuse to buy needless material objects in order to swell the pocketbooks of Chinese businessmen.

How did you celebrate Consumermas?
I bought a big screen tv, toys for my kids they don't need and a watch.

by iv_chosen1 February 25, 2009

consumerism

Buying stuff we don't need and killing the Earth's resources.

It's wonderful that our economy is based on consumerism.

by Haemoglobbin December 18, 2012

Consumer

Derogatory term used to describe the buying public, or purchaser of a product. Use of the word is prolific in the business world, quickly replacing the more respectful term, "customer".

1. "Consumer spending is up 51%!"
2. "Demand for Product X has consumers mobbing stores."

by edifice May 26, 2006