Noun
The extent or degree to which something is affordable, as measured by its cost relative to the amount that the purchaser is able to pay.
First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years.
A desirable degree of that characteristic: synonym of inexpensiveness.
Source: en.wiktionary.orgThe rates of soda consumption in our poorest communities cannot be explained by individual consumer preferences alone, but rather are linked to broader issues of access and affordability of healthy foods in low-income neighborhoods, and to the marketing efforts of soda companies themselves. Geoffrey Canada
Being named a great school at a great price means that we offer both high-quality academic programs and real affordability for families. We offer a personal touch that's hard to match at a big school but without a big price tag. David McFadden
Science, innovation, safety and affordability. Who could oppose United States food policy based on these core principles? Unfortunately, this idea has become unnecessarily controversial in agriculture. Mike Pompeo
About 14 million young Nigerians are out of school, partly because of insecurity and education affordability. Source: Internet
Also to ensure the affordability of the houses, the government has empowered the Federal Mortgage Bank of Nigeria as a facilitator to grant mortgage loans to Nigerians at very affordable interest rates while it stands as guarantor to such loan seekers. Source: Internet
And third, jargon is thrown around so freely by city officials, developers and housing advocates when debating the cost-benefit of an incentive package’s value versus the affordability mix and volume of housing a developer is producing in return. Source: Internet