adjective excessive in price or amount; exorbitant
In real estate, extortionate could describe exorbitant rental or purchase prices that take advantage of market conditions.
In finance, extortionate could refer to interest rates or loan terms that are excessively high and exploitative.
In business, extortionate may be used to describe prices or fees that are unreasonably high or unfair.
In ethics discussions, extortionate behavior is often condemned as morally wrong and harmful.
In the context of law, extortionate refers to actions that involve obtaining something through coercion or threats.
In the context of government regulations, extortionate practices may refer to illegal or unethical actions by officials or agencies.
In the context of crime, extortionate actions are considered illegal and punishable by law.
In consumer rights, extortionate may be used to describe unfair practices by companies that exploit consumers.
In a professional context, a writer may use the term 'extortionate' to describe exorbitant fees charged by certain publishing companies or literary agents.
Psychologists may use the term 'extortionate' when discussing unethical practices such as demanding excessive fees for therapy sessions.
Lawyers may use the term 'extortionate' to refer to illegal demands for money or property in exchange for not pursuing legal action.
Business analysts may use the term 'extortionate' to describe inflated prices charged by suppliers or vendors.