Any vessel used for private, noncommercial purposes.
“I don’t mean all of your friends—only a small proportion—which, however, connects your circle with that deadly, idle, brainless bunch—the insolent chatterers at the opera,[…], the chlorotic squatters on huge yachts,[…], the neurotic victims of mental cirrhosis, the jewelled animals whose moral code is the code of the barnyard—!"
The megayacht concept is equipped with its own port with enough space for a second yacht measuring up to 30 meters, as well as three swimming pools. […] The market is projected to reach a value of $10.2 billion by 2025 as an increasing amount of yachts measuring longer than 24 meters are ordered, and designers are going all out to ensure their concepts are bigger and better than the competition.