English Lexicon

Affordability

/əˌfɔːr.dəˈbɪl.ɪ.ti/
nounCEFR B1 (Intermediate)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The quality of being affordable; the state of being within one's financial means.

    "The affordability of housing in the city has become a major concern for residents."
  2. 2

    The extent to which something can be purchased without financial strain.

    "Many families are struggling with the affordability of basic necessities."

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Linguistic Origin & Historical Etymology

The term 'affordability' is derived from the verb 'afford', which comes from the Old English 'forðian', meaning 'to further' or 'to provide'. The suffix '-ability' is from Latin 'abilitas', indicating a quality or state, which evolved through Middle English into its current form in the 14th century.

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