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Definition of extortionate adjective from the Oxford Advanced American Dictionary

 

extortionate

 adjective
adjective
NAmE//ɪkˈstɔrʃənət//
 
(disapproving)
 
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(of prices, etc.) much too high synonym excessive, outrageous They are offering loans at extortionate rates of interest. The prices they charge are extortionate.
extortionately
 
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adverb extortionately priced
See extortionate in the Oxford Advanced Learner's Dictionary