Affordable price Meaning and Definition

Affordable Price

Affordable Price

Pronunciation

/ˈæfərdəbəl ˈpraɪs/

Part of Speech

Noun or Adjective

Definition

A price that is reasonable and within one’s budget, enabling the purchase or acquisition of an item or service without financial strain.

Examples

  • The affordable price of the new smartphone made it a popular choice among consumers.
  • The affordable price of the meal made it accessible to people from all walks of life.
  • The retailer offered an affordable price for the high-end electronic device.
  • The affordable price of the vacation package was a major draw for the travelers.

Synonyms

  • Reasonable Price
  • Unbeatable Deal
  • Low Cost

Antonyms

  • Expensive
  • Costly
  • Pricy

Etymology

Affordable price is a phrase that has evolved from the combination of “affordable” and “price”, emphasizing the idea of a reasonable cost that is within one’s means.

Usage Notes

Affordable price is often used in marketing and advertising to highlight the competitive advantages of a product or service.

Cultural References

Affordable price has been featured in various popular culture references, including advertisements, product descriptions, and public service announcements.

Idiomatic Expressions or Phrases

“Get a good deal” or “Get a great price”

Related Words or Phrases

  • Cost-effective
  • Value for money
  • Pricing strategy

Collocations

  • Affordable price for a high-end product
  • Affordable price tag for a luxury item
  • Affordable price for a budget-friendly option

Frequency of Use

Affordable price is becoming increasingly popular in modern language, particularly in the context of consumerism and marketing.

Common Misspellings

  • Affordabel price
  • Afrodable price
  • Affordablee price

Related Words