Definition, Meaning & Synonyms

prohibitive-price

adjective

/prəˈhɪbɪtɪv praɪs/

Definition

A price that is so high that it prevents people from purchasing something.

Examples

The prohibitive prices of luxury items often restrict their market to the wealthy.
Due to prohibitive prices on housing, many young adults are unable to buy their first home.
With prohibitive prices in the city, living costs have become a significant concern for residents.

Meaning

When costs are termed prohibitive, they are often deemed unreasonable or unaffordable for the average consumer, making it difficult or impossible for them to buy a product or service.