Describing Value: English Vocabulary List

possessing qualities that make something rare or highly valuable

"This ring is precious."

"My grandmother gave me a precious gold ring that has been in our family for over one hundred years."

costing much money, often more than one is willing to pay

"The mistake was costly."

"Making a mistake at this stage of the project could be very costly and might delay our launch date."

extremely comfortable, elegant, and often made with high-quality materials or features

"They live in a luxurious house."

"They stayed at a luxurious hotel with a swimming pool and a restaurant that served gourmet meals every day."

costing a lot of money, more than the necessary or affordable amount

"She has extravagant tastes."

"Her extravagant spending habits left her with almost no savings even though she earned a very good salary."

expensive in way that is not reasonable

"This meal is overpriced."

"The coffee at that trendy caf� is incredibly overpriced and you can get a better cup for half the price."

having superior quality, sophistication, or elegance

"They stayed at a high-class hotel."

"The restaurant is very high-class so you need to wear formal clothes and make a reservation two weeks in advance."

having a price that a person can pay without experiencing financial difficulties

"The rent is affordable."

"The apartment is affordable for a young couple because the rent is much lower than other places in the neighborhood."

priced to be affordable and not too expensive

"This restaurant is budget-friendly."

"This restaurant is budget-friendly and you can get a full meal for less than ten dollars including tax."

regarded as less significant or worthy

"The stock is undervalued."

"The company's stock is currently undervalued so many investors are buying shares before the price goes up again."

using resources wisely and efficiently and minimizing waste and unnecessary expenses

"This car is economical."

"This car is very economical because it uses very little fuel and does not need expensive repairs very often."

producing good results without costing too much

"This solution is cost-effective."

"Using renewable energy is more cost-effective in the long run even though the initial investment might seem high."

characterized by a limited amount of financial resources or funding

"It is a low-budget film."

"They made a low-budget film with almost no special effects but the story was so good that everyone loved it."

priced lower than its perceived or actual value, making it a bargain or a good deal

"The house is underpriced."

"The house was underpriced for the neighborhood so several buyers made offers on the very first day it was listed."

to reduce the official worth or importance of something

"The country may devalue its currency."

"The country decided to devalue its currency to boost exports and attract foreign investment."

to underestimate the financial value or worth of as an asset, a company, currency, etc.

"Do not undervalue your hard work."

"Do not undervalue your hard work because your skills and time are worth fair compensation."

to diminish in value, especially over time

"New cars depreciate quickly in value."

"New cars depreciate quickly in value as soon as they are driven off the dealership lot."

denoting the quality of minimizing expenses or preserving financial resources

"This is a cost-saving measure."

"The new software offers cost-saving features that help businesses reduce their expenses and increase their overall profits."

considered highly valuable or esteemed

"This is my prized possession."

"The artist's most prized painting sold for millions of dollars at an auction attended by wealthy collectors from around the world."