Affordability: meaning, definitions and examples
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affordability
[ əˌfɔːrdəˈbɪləti ]
financial
The quality of being affordable; the extent to which something is within the financial means of a person or company.
Synonyms
accessibility, economicalness, reasonableness.
Which Synonym Should You Choose?
Word | Description / Examples |
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affordability |
Used when referring to how easy it is to purchase or pay for something, especially within one's budget.
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accessibility |
Used when talking about how easy it is to reach, enter, or use something, often related to services, facilities, or information.
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reasonableness |
Used to describe something as being within the limits of what is fair or sensible, often regarding price, demands, or conditions.
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economicalness |
Refers to how economical or cost-effective something is. It is not commonly used in everyday language and might sound technical or formal.
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Examples of usage
- The affordability of housing in the city is a major concern for many residents.
- The company's success is partially attributed to the affordability of its products.
economic
The ability to be purchased or paid for; the financial resources available for a purchase.
Synonyms
attainability, feasibility, manageability.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
affordability |
Used when discussing whether something is within someone's financial means. It often relates to the cost and economic accessibility of goods or services.
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attainability |
Best used when talking about whether something can be achieved or reached, often considering effort, resources, and limitations beyond just financial aspects.
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manageability |
Relates to how easily something can be controlled, handled, or managed. This term often applies to tasks, responsibilities, situations, and sometimes in the context of handling emotions or stress.
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feasibility |
Refers to whether a plan, idea, or project is practical and possible to implement. It considers aspects such as practicality, ease of implementation, and potential obstacles.
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Examples of usage
- The affordability of healthcare is a critical issue in many countries.
- The government aims to improve the affordability of education for all citizens.
Translations
Translations of the word "affordability" in other languages:
🇵🇹 acessibilidade
🇮🇳 सस्ती दर
🇩🇪 Erschwinglichkeit
🇮🇩 keterjangkauan
🇺🇦 доступність
🇵🇱 przystępność cenowa
🇯🇵 手頃さ
🇫🇷 abordabilité
🇪🇸 asequibilidad
🇹🇷 uygun fiyatlılık
🇰🇷 가격 적정성
🇸🇦 القدرة على تحمل التكاليف
🇨🇿 dostupnost
🇸🇰 dostupnosť
🇨🇳 可负担性
🇸🇮 dostopnost
🇮🇸 á viðráðanlegu verði
🇰🇿 қолжетімділік
🇬🇪 ხელმისაწვდომობა
🇦🇿 əlçatanlıq
🇲🇽 asequibilidad
Etymology
The word 'affordability' originated in the late 18th century, derived from the verb 'afford', meaning 'to have enough money to pay for'. It gained popularity in the context of financial and economic discussions, highlighting the importance of accessibility and feasibility in relation to costs and resources.
See also: affordable, affordably, unaffordable.
Word Frequency Rank
Positioned at #23,765, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.
- ...
- 23762 prosody
- 23763 eschew
- 23764 dyslexia
- 23765 affordability
- 23766 irreplaceable
- 23767 vociferous
- 23768 circumspection
- ...