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
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
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
Word origin
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.