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Affordability

noun

Definitions

Noun
  1. 1
    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. uncountable

    "First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years."

  2. 2
    A desirable degree of that characteristic: synonym of inexpensiveness. uncountable

Etymology

From afford + -ability.

See also for "affordability"

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