Steep cost
/stiːp kɒst/
A steep cost is a significantly high price or sacrifice, often implying that the expense is burdensome or excessive.
Examples
- He paid a steep cost for his mistakes during the negotiation.
- The new software comes with a steep cost that small businesses can't afford.
- The government warned of the steep costs of inaction on climate change.
- Buying a house in the city involves a steep cost of living.
- They achieved success, but at a steep cost to their personal lives.
Meanings