affluent

Vocabulary Word

Definition

'Affluent' refers to people, groups, or areas that possess greater than average wealth or riches. It indicates not just money but the high standard of living and luxury that such wealth provides.

Examples in Different Contexts

For tech companies, understanding the needs of 'affluent' users is crucial. A product manager might note, 'Our new device caters specifically to the affluent market with its advanced features.'

Practice Scenarios

Public-Policy

Scenario:

The recent tax reform has sparked diverse reactions. Some say it is relieving for the middle-class, while others argue it benefits the top-tier income group excessively.

Response:

The reform indeed seems beneficial for affluent households. The top-tier income group appears to benefit significantly from the new tax rebate.

Creative

Scenario:

The client requests for parsimonious yet aesthetic renovation, focusing specifically on the living and dining spaces.

Response:

Considering their affluent lifestyle, we can suggest premium quality materials that not only ensure durability but also add an upscale aura to their spaces.