Affordable

/əˈfɔːrdəbl/

adjectiveBeginner🔥Very CommonFinance
1 meaning2 questions

Definitions

1

Relatively inexpensive and accessible to most people.

/əˈfɔːrdəbl/

adjectivepositiveBeginner
Finance

Inexpensive; able to be bought or obtained without undue financial burden.

This car is surprisingly affordable.

💡 Simply: Not too expensive.

More Examples

2

Affordable healthcare is a crucial issue.

How It's Used

Economics

"The new housing development offers affordable homes for low-income families."

Retail

"We strive to provide affordable products to our customers."

From "afford" + "-able", meaning capable of being afforded.

The word's usage has increased significantly in recent decades due to growing concerns about economic inequality.

Memory tip

Think of 'afford' – if you can afford it, it's affordable!

Word Origin

LanguageEnglish
Original meaning

"Derived from 'afford', meaning to have enough money to buy or do something."

Base: afford
affordable housingaffordable careaffordable pricemake something affordable

Common misspellings

affortableafordable

Usage

70%Spoken
30%Written