BLING, n.

1. A term used to describe anything that is excessively luxurious or ostentatious, often accompanied by a hint of desperation.

Example: "I just bought a 1000-dollar toaster. It's so BLING."

See CHAMPION, n., for a related term that is slightly less obnoxious.

For more examples of this over-the-top luxury, see BLINGy, n.