Meaning of the word extortionate in English

What does extortionate mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

extortionate

US /ɪkˈstɔːr.ʃən.ət/
UK /ɪkˈstɔː.ʃən.ət/

Adjective

extremely expensive:

Example:
The price of books nowadays is extortionate.