affordability
English
Noun
affordability (uncountable)
- The extent or degree to which something is affordable, as measured by its cost relative to the amount that the purchaser is able to pay.
- First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years.
- 2023 March 8, Gareth Dennis, “The Reshaping of things to come...”, in RAIL, number 978, page 47:
- Fares would have to increase significantly beyond affordability to cover the costs of lightly used services.
- A desirable degree of that characteristic: synonym of inexpensiveness.
Derived terms
Related terms
Translations
the extent to which something is affordable
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See also
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