DEFINITION of 'Compulsive Shopping'

An unhealthy obsession with shopping that materially interferes with the daily life of the afflicted. This ailment goes beyond mere consumerism and is psychological in nature. Symptoms include obsession with shopping, anxiety when not shopping, the constant need to shop and the purchase of unnecessary or unwanted items.

BREAKING DOWN 'Compulsive Shopping'

Compulsive shopping is a form of addiction. As with any other addiction, it can lead to professional, marital and family problems. Although there is some debate about whether this condition is truly a mental disorder, research seems to indicate that the use of antidepressants can be helpful in its treatment.

RELATED TERMS
  1. Prop Shop

    A proprietary trading group that usually trades electronically ...
  2. Ma And Pa Shop

    A colloquial term for a small, independent, family-owned business. ...
  3. Consumerism

    The theory that a country that consumes goods and services in ...
  4. Garage Liability Insurance

    Insurance typically purchased by automobile dealerships and repair ...
  5. Blackberry Addiction

    A slang term used to describe an over reliance on and almost ...
  6. One-Stop Shop

    A company or a location that offers a multitude of services to ...
Related Articles
  1. Insurance

    SHOP Marketplace: How it Works for Employers

    SHOP is a health care insurance resource available for for-profit and nonprofit small business owners that has a straightforward sign-up process.
  2. Personal Finance

    5 Ways To Control Emotional Spending

    Follow these five simple steps to keep your spending under control.
  3. Insurance

    SHOP Offers Health Coverage for Small Business Employees

    The Small Business Health Options Program Marketplace can provide employees of small companies access to affordable insurance.
  4. Investing

    The Economics of Owning a Coffee Shop

    Understand the economics of owning and running a coffee shop. Learn the basics of taking into account fixed, variable, and initial costs.
  5. Financial Advisor

    6 Signs You Are Addicted To Investing

    An addiction to trading can ruin your life and relationships. Not to mention the monetary costs. There are telltale signs that you've gone too far.
  6. Investing

    4 Signs You're Addicted To Investing

    Compulsive trading will ratchet up your transaction costs, stress level and time spent away from the important things in life.
  7. Managing Wealth

    4 Ways To Shop Safely Online

    Online shopping has become the norm but that doesn't mean it isn't risk free. Don't shop safely and you can become the next victim of a computer hack.
  8. Trading

    The Downward Spiral Of Trading Addiction

    Trading in the financial markets is stimulating, exciting and engrossing. But one can become addicted, just like with actual casino gambling or illegal drugs. Like any severe addiction, this ...
  9. Personal Finance

    Top 5 Shopping Apps of 2016

    Explore Goldman Sachs' list of the five best shopping apps and the basis for its call for $50 billion in sales to shift to online apparel sites in four years.
  10. Personal Finance

    Top 5 Biggest Mobile E-retailers

    Online shopping has never been easier, thanks to the proliferation of mobile shopping apps.
RELATED FAQS
  1. What is Black Friday?

    Black Friday is a popular label attached to the Friday following Thanksgiving Day in the US. This day marks the beginning ... Read Answer >>
  2. What are the main reasons for investing in the retail sector?

    Read about the challenges and rewards of investing in the global retail sector, and why investors should keep an eye on technological ... Read Answer >>
  3. Why did Target's (TGT) expansion into Canada fail so quickly?

    Read about the four major reasons Target's expansion into Canada ended so abruptly and quickly after expanding into northern ... Read Answer >>
  4. What types of data are mined for business intelligence?

    Learn about data mining and how businesses use data analysis in business intelligence to improve their operational efficiency ... Read Answer >>
Trading Center