Meaning of Waitrose effect | Babel Free
Definitions
The observation that the opening of a Waitrose supermarket may increase property prices in the local area.
informal
Examples
“The stores are so iconic that in the UK, the "Waitrose effect" means that opening a new Waitrose & Partners store is likely to increase nearby property prices.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.