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Vocabulary for IELTS Academic (Band 6-7) - Value

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

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

possessing qualities that make something rare or highly valuable

Ex: The precious diamond ring was handed down from her grandmother .
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costly
[Adjective]

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

Ex: The university tuition fees were too costly for many students , so they sought scholarships or financial aid .
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luxurious
[Adjective]

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

Ex: He enjoyed a luxurious lifestyle , traveling in private jets and staying at five-star hotels .
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extravagant
[Adjective]

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

Ex: The CEO 's extravagant spending habits raised eyebrows among shareholders and employees alike .
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overpriced
[Adjective]

expensive in way that is not reasonable

Ex: Online reviews criticized the store for selling overpriced electronics.
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high-class
[Adjective]

having superior quality, sophistication, or elegance

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lavish
[Adjective]

generous in giving or expressing

Ex: The lavish host made sure every guest felt special and well taken care of .
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affordable
[Adjective]

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

Ex: The online retailer specializes in affordable electronic gadgets and accessories .
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budget-friendly
[Adjective]

priced to be affordable and not too expensive

Ex: He bought a budget-friendly laptop for basic tasks .
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economy
[Adjective]

efficient or thrifty in its use of resources, often emphasizing cost savings or reduced waste

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economic
[Adjective]

making the most out of available resources by using them wisely and effectively to achieve the best possible results

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undervalued
[Adjective]

regarded as less significant or worthy

Ex: The athlete’s talent was often undervalued by scouts early in his career.
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economical
[Adjective]

using resources wisely and efficiently and minimizing waste and unnecessary expenses

Ex: The company 's shift to more economical practices resulted in increased profits .
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cost-effective
[Adjective]

producing good results without costing too much

Ex: The marketing campaign focused on social media was more cost-effective than traditional advertising methods .
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low-budget
[Adjective]

characterized by a limited amount of financial resources or funding

Ex: She found a low-budget way to redecorate her apartment .
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underpriced
[Adjective]

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

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to reduce the official worth or importance of something

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

Ex: Many investors have a tendency to undervalue start-up companies in their early stages .
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to diminish in value, especially over time

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cost-saving
[Adjective]

denoting the quality of minimizing expenses or preserving financial resources

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prized
[Adjective]

considered highly valuable or esteemed

Ex: The prized painting was displayed in a prestigious gallery .
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Vocabulary for IELTS Academic (Band 6-7)
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