Last modified on 20 October 2014, at 01:00

affordability

EnglishEdit

EtymologyEdit

afford + -ability

NounEdit

affordability (uncountable)

  1. The extent 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.