expensive

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Expensive

Of or related to the high cost of a good, service, or security. Expensiveness is determined by comparing the cost to similar goods, services, and securities. Expensiveness is also related to one's ability to buy: what seems expensive to one person may not seem so to another. Expensiveness may be justified depending on the quality of the good, service, or security.

expensive

Of, relating to, or being a security that sells at a market price above what is expected, given fundamental factors such as earnings, assets, and management ability. Deciding whether a security is expensive is a subjective judgment. Compare cheap.