Big ticket is an adjective used to describe items or products that are expensive or have a high price tag. It refers to goods, services, or investments that require a substantial amount of money for purchase or acquisition. The term "big ticket" is commonly used in the retail, business, and financial sectors.
In retail, big ticket items are typically large and high-priced products. These can include luxury cars, high-end electronics and appliances, luxury watches, designer handbags, high-priced jewelry, and other high-value commodities. Big ticket items are often considered luxury goods or exclusive items that are not accessible to everyone due to their cost.
In the business world, big ticket items may refer to major equipment, machinery, or infrastructure required for large-scale operations. These can include industrial machinery, construction equipment, commercial vehicles, and specialized tools that are crucial for conducting business activities.
In the financial context, big ticket items are high-value investments with significant returns or potential risks. This can encompass real estate properties, investment portfolios, stocks, bonds, or any other high-priced financial instruments.
Overall, the term "big ticket" signifies the substantial cost, value, or significance of an item, product, or investment, often implying that it requires careful consideration, planning, and financial resources to be acquired or managed.
