Definition, Meaning & Synonyms

exorbitant price

Noun

/ɪɡˈzɔːr.bɪ.tənt praɪs/

Definition

An excessive or unreasonably high cost for a product or service.

Examples

The hotel charged an exorbitant price for a single night’s stay during the holiday season.
Many people were outraged by the exorbitant prices of tickets for the concert.
She found the exorbitant price of the designer handbag hard to justify.

Meaning

The term ‘exorbitant price’ refers to a cost that is much greater than what is considered reasonable or fair, often causing discomfort or disbelief among consumers.