Exorbitant definitions
| Word backwards | tnatibroxe |
|---|---|
| Part of speech | Adjective |
| Syllabic division | ex-or-bi-tant |
| Plural | The plural form of the word "exorbitant" is "exorbitants." |
| Total letters | 10 |
| Vogais (4) | e,o,i,a |
| Consonants (5) | x,r,b,t,n |
Understanding the Meaning of Exorbitant
Exorbitant is a term often used to describe something that is unreasonably high or excessive in terms of cost, price, or value. It implies that the amount being requested or charged is far beyond what is considered fair, reasonable, or affordable. When something is labeled as exorbitant, it often raises eyebrows and prompts questions about its justification.
Examples of Exorbitant Prices
One common example of exorbitant pricing is seen in luxury goods and services, where the high price tag is often attributed to branding, exclusivity, and perceived value rather than the actual cost of production. Another instance where exorbitant prices are observed is in sectors like healthcare and education, where essential services are sometimes priced beyond the reach of the average consumer.
The Impact of Exorbitant Costs
Experiencing exorbitant costs can have a significant impact on individuals and society as a whole. It can lead to financial strain, debt accumulation, and limited access to essential goods and services. For businesses, charging exorbitant prices can alienate customers, damage reputation, and ultimately harm long-term profitability.
Addressing Exorbitant Pricing
One way to address exorbitant pricing is through government regulation, where authorities set price controls or implement measures to increase price transparency. Consumers can also combat exorbitant costs by seeking out alternative options, negotiating prices, or advocating for fair pricing practices within industries.
Conclusion
In conclusion, the term exorbitant serves as a reminder of the importance of fair pricing, affordability, and value in the marketplace. By recognizing and addressing instances of exorbitant pricing, individuals and businesses can work towards creating a more equitable and sustainable economic system.
Exorbitant Examples
- The price of the designer handbag was exorbitant, but she couldn't resist buying it.
- The CEO's exorbitant salary caused controversy among the lower-level employees.
- The cost of healthcare in the United States is exorbitant compared to other countries.
- The hotel charged an exorbitant fee for room service, causing guests to dine elsewhere.
- The plumber gave her an exorbitant quote for fixing the leaky faucet, so she decided to do it herself.
- The exorbitant tuition fees at the prestigious university made it difficult for many students to attend.
- The exorbitant price of the concert tickets was worth it to see her favorite band perform live.
- He refused to pay the exorbitant parking fee, opting to find a spot on the street instead.
- The airline charged an exorbitant fee for changing her flight, so she decided to keep her original booking.
- The price of exotic fruits was exorbitant at the local market, so she stuck to buying the basics.