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Vocabulary for IELTS General Training (Band 6-7) - Value

Here, you will learn some English words related to Value that are necessary for the General Training IELTS exam.

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Vocabulary for General Training IELTS (6-7)
precious
precious
[Adjective]

possessing qualities that make something rare or highly valuable

Ex: The precious gemstone necklace has been in the family for generations. 
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costly
costly
[Adjective]

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

Ex: The decision to renovate the kitchen was a costly undertaking. 
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luxurious
luxurious
[Adjective]

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

Ex: She indulged in a luxurious spa treatment, complete with massages and facials. 
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extravagant
extravagant
[Adjective]

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

Ex: She threw an extravagant birthday party with live music and gourmet catering. 
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overpriced
overpriced
[Adjective]

expensive in way that is not reasonable

Ex: The restaurant’s menu is full of overpriced dishes. 
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high-class
high-class
[Adjective]

having superior quality, sophistication, or elegance

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lavish
lavish
[Adjective]

generous in giving or expressing

Ex: The team received lavish praise for their outstanding performance. 
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affordable
affordable
[Adjective]

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

Ex: The new housing development offers affordable apartments for low-income families. 
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budget-friendly
budget-friendly
[Adjective]

priced to be affordable and not too expensive

Ex: The café offers budget-friendly meals for students. 
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economy
economy
[Adjective]

using resources efficiently or sparingly, often emphasizing cost savings or minimal waste

Ex: Economy cars are designed for drivers who want reliability without the hefty price tag. 
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economic
economic
[Adjective]

achieving effectiveness while using the minimum necessary time, effort, or resources

Ex: They found an economic way to organize production. 
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undervalued
undervalued
[Adjective]

regarded as less significant or worthy

Ex: The novel was initially undervalued but later gained a large following. 
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economical
economical
[Adjective]

using resources wisely and efficiently and minimizing waste and unnecessary expenses

Ex: The new model is an economical car that saves on fuel without sacrificing performance. 
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cost-effective
cost-effective
[Adjective]

producing good results without costing too much

Ex: Investing in energy-efficient appliances proved to be cost-effective in the long run, saving money on electricity bills. 
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low-budget
low-budget
[Adjective]

characterized by a limited amount of financial resources or funding

Ex: The low-budget movie became a surprise hit at the box office. 
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underpriced
underpriced
[Adjective]

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

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to devalue

to reduce the official worth or importance of something

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to undervalue

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

Ex: Many people undervalue the importance of sleep for overall health. 
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to depreciate

to diminish in value, especially over time

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cost-saving
cost-saving
[Adjective]

denoting the quality of minimizing expenses or preserving financial resources

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prized
prized
[Adjective]

considered highly valuable or esteemed

Ex: Her prized accomplishment was winning the prestigious award for her research. 
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