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affordability

affordability

20 3.4
The state of being cheap enough for people to buy
  • noun
  • /əˌfɔrdəˈbɪlɪti/
translation icon : asequibilidad
  • The rising cost of living has raised concerns about the affordability of housing in urban areas.
  • affordability and accessibility
  • affordability and access
  • affordability and availability

Now, the second thing is, well, pricing and affordability.

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Examples

  • The need for more equity and affordability arises from the dual systems of public and private education.

    Academic text (2004)
  • And those are really keys to this and access to care and affordability of care.

  • And we did a study looking at affordability and looking at some of the affordability standards.

  • Yet they tell us very little about the affordability of higher education in the United States.

    Academic text (1998)
  • And I think because rates have gone so high so quick, people's affordability very quickly is going to go down.

  • Her research interests include college affordability, community colleges, and international students.

    Academic text (2015)
  • The three things that affect affordability are wages, mortgage rates, and home prices.

  • Its findings and recommendations focus on six familiar issues: access, cost and affordability, financial aid, learning, and innovation.

    Academic text (2007)
  • Using this instrument provides a snapshot of food affordability and access as indicators of community food security.

    Academic text (2007)
  • The public wants four things from our healthcare system: quality, affordability, security, and access (Taylor 1993).

    Academic text (1996)

Synonyms

low price
vsaffordability
52 1.0

A cost lower than normal that makes something affordable

focuses on people being able to buy despite the price level
cheapness
vsaffordability
1 1.1

A state when something is sold at a low price

highlights that people can manage to pay for it not only low price
inexpensiveness
vsaffordability
3.6

A low price that many people can afford

emphasizes people being able to pay rather than just low cost

Antonyms

An amount or level much higher than reasonable

Compounds

How easy it is for people to pay for a home

How Affordable

bargain
170 1.0
cheapness
1 1.1
affordability
20 3.4

Surface Forms

affordability singular

Morphology

affordability = affordable (transparent) = afford + able + ity

Formed from the adjective 'affordable' by adding the productive noun-forming suffix '-ity', yielding 'the quality of being affordable', which is directly predictable.

Etymology

Affordability comes from afford and the part -ability, where afford means 'to be able to pay for' and -ability means 'can be done', as in able. So affordability is the quality of being 'able to be paid for', or how easy something is for people to buy.