How Do You Spell AFFORDABILITY?

Pronunciation: [ɐfˌɔːdəbˈɪlɪti] (IPA)

The word "affordability" is spelled with two F's and two L's. The first syllable is pronounced with a short "a" sound, represented in IPA as /ə/. The second syllable is pronounced with a long "o" sound, represented as /ɔː/. The third syllable features a short "r" sound, represented as /ɹ/. The fourth syllable has a short "d" sound, /d/, and the fifth syllable has a long "a" sound, /eɪ/. The final syllable is pronounced with a short "b" sound, represented as /ɪləti/. Overall, the phonetic transcription of "affordability" is /əˌfɔːdəˈrɪləti/.

AFFORDABILITY Meaning and Definition

  1. Affordability refers to the ability of individuals or households to purchase, own, or avail themselves of goods, services, or accommodations without experiencing undue financial hardship or burden. It is a measure of how economically feasible or manageable something is in relation to a person's or group's income or financial resources.

    In the context of housing, affordability refers to the accessibility of suitable and decent housing options that are within a person's or family's means. It considers the cost of housing in relation to the income or financial capability of a given population. Affordable housing often implies that the cost of rent or mortgage payments, as well as related utilities and expenses, is reasonable and within the individual's budget.

    Beyond housing, affordability can also encompass a wide range of goods and services, such as healthcare, education, transportation, food, and other essential needs. It involves determining whether the prices or expenses associated with these goods and services can be comfortably met by individuals or families without causing severe financial stress or sacrificing other basic needs.

    Affordability is a crucial aspect of social and economic well-being as it impacts people's living standards, overall quality of life, and opportunities for upward mobility. Policymakers, economists, and social scientists often analyze and seek strategies to address affordability challenges, as they can significantly affect different segments of the population, particularly those with lower incomes or in disadvantaged situations.

Top Common Misspellings for AFFORDABILITY *

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for AFFORDABILITY

Etymology of AFFORDABILITY

The word "affordability" originated from the Middle English term "affordebli", which is a combination of the prefix "a-" (meaning "on" or "to") and the word "ford" (meaning "journey" or "passage"). This combined term, "affordebli", referred to something that can be easily provided or achieved. Over time, this Middle English term evolved and transformed into "affordability", which in modern English refers to the state or quality of being affordable or within one's financial means.

Plural form of AFFORDABILITY is AFFORDABILITIES

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