Etymology:
The word "affordable" is derived from the Middle English word "afford," which itself comes from the Old French word "afforcer," meaning "to strengthen" or "to make strong."
Meaning:
"Affordable" refers to something that is within the financial means of a person or group of people. It implies that the cost of the item is not excessive or beyond the buyer's budget.
Origin:
The concept of affordability has its roots in economic theory. The term "afford" was first used in the 14th century to describe the ability of a person to support themselves or others financially. By the 16th century, "affordable" had taken on its modern meaning, referring to something that is not too expensive.
Usage:
The term "affordable" is commonly used in contexts related to consumer spending and financial planning. It can be applied to a wide range of goods and services, from housing to healthcare to education.
Synonyms:
Antonyms:
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