affordability

English

Etymology

afford +‎ -ability

Noun

affordability (uncountable)

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.

   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.

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

Derived terms

• unaffordability

 

Related terms

• accessibility, attainability

Translations

the extent to which something is affordable

• Dutch: betaalbaarheid (nl) f
• Finnish: edullisuus (fi)
• Italian: convenienza (it) f, abbordabilità f
• Polish: przystępność (pl) f
• Portuguese: acessibilidade (pt) f

See also

• cheapening