affordability

English

Etymology

From 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