luxury

[luhk-shuh-ree, luhg-zhuh-]
noun, plural luxuries.
1.
a material object, service, etc., conducive to sumptuous living, usually a delicacy, elegance, or refinement of living rather than a necessity: Gold cufflinks were a luxury not allowed for in his budget.
2.
free or habitual indulgence in or enjoyment of comforts and pleasures in addition to those necessary for a reasonable standard of well-being: a life of luxury on the French Riviera.
3.
a means of ministering to such indulgence or enjoyment: This travel plan gives you the luxury of choosing which countries you can visit.
4.
a pleasure out of the ordinary allowed to oneself: the luxury of an extra piece of the cake.
5.
a foolish or worthless form of self-indulgence: the luxury of self-pity.
6.
Archaic. lust; lasciviousness; lechery.
adjective
7.
of, pertaining to, or affording luxury: a luxury hotel.

Origin:
1300–50; Middle English luxurie < Latin luxuria rankness, luxuriance, equivalent to luxur- (combining form of luxus extravagance) + -ia -y3

semiluxury, noun, plural semiluxuries.
superluxury, noun, adjective
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
luxury (ˈlʌkʃərɪ)
 
n , pl -ries
1.  indulgence in and enjoyment of rich, comfortable, and sumptuous living
2.  (sometimes plural) something that is considered an indulgence rather than a necessity
3.  something pleasant and satisfying: the luxury of independence
4.  (modifier) relating to, indicating, or supplying luxury: a luxury liner
 
[C14 (in the sense: lechery): via Old French from Latin luxuria excess, from luxus extravagance]

Collins English Dictionary - Complete & Unabridged 10th Edition
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Etymonline
Word Origin & History

luxury
mid-14c., "lasciviousness, sinful self-indulgence," from O.Fr. luxurie, from L. luxuria "excess, luxury," from luxus "excess, extravagance, magnificence," probably a fig. use of luxus (adj.) "dislocated," which is related to luctari "wrestle, strain." Lost its pejorative taint 17c. Meaning "habit of
indulgence in what is choice or costly" is from 1630s; that of "sumptuous surroundings" is from 1704; that of "something enjoyable or comfortable beyond life's necessities" is from 1780. First used as an adjective 1930.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
But an ever-increasing proportion goes towards luxuries that do little to
  enhance our wellbeing.
Some of the borrowed funds were lavishly spent on unnecessary facilities,
  including such luxuries as golf courses and star hotels.
First off, the few luxuries you see inmates with they bought themselves.
It would take me some time to get used to the luxuries of our group routine.
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