carriage trade
The term "carriage trade" originates from the era when wealthy individuals traveled by carriages, and it now refers to both the businesses serving affluent customers and the customers themselves.
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Definition
C1Business
(formal)Retail businesses that cater to affluent customers, offering luxury goods and services.
Example
- The boutique specializes in carriage trade, selling designer clothes to wealthy clients.
- High-end restaurants often rely on carriage trade for their primary source of income.
C1Sociology
(idiomatic)Wealthy or upper-class individuals who are frequent patrons of luxury businesses.
Example
- The carriage trade is known for its preference for exclusive and high-quality products.
- During the event, the carriage trade mingled and enjoyed the finest wines.
Similar
Terms that have similar or relatively close meanings to "carriage trade":