Definition: The term "high-ticket" is an adjective that describes items or services that are very expensive. It is often used to refer to things that cost a lot of money, like luxury goods or large investments.
In business, "high-ticket" can also refer to high-value sales or transactions. For example, a company might focus on selling high-ticket items to increase their revenue.
While "high-ticket" generally refers to expensive items, it can also indicate something that is significant or important, especially in terms of impact or scope, such as a government program or project.
While there are no specific idioms or phrasal verbs that directly relate to "high-ticket," you can use it in phrases related to spending or investment: - "Break the bank" - to spend more money than one can afford. - Example: "Buying that high-ticket item might break the bank."
Understanding the term "high-ticket" can help you describe and discuss expensive items or services effectively.