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English definition of “steep”

steep

adjective [-er/-est only]  /stip/ us  

steep adjective [-er/-est only] (NOT GRADUAL)

(of a slope) rising or falling at a sharp angle: The train slowed as it went up a steep incline. A steep rise or fall is one that goes very quickly from low to high or from high to low: Yesterday’s steep decline in the value of the dollar was unexpected.

steep adjective [-er/-est only] (TOO HIGH)

(esp. of prices) too high; more than is reasonable: We enjoyed our stay at the hotel, but the charges were a bit steep.

steep

verb [I/T]  /stip/ us  

steep verb [I/T] (MAKE WET)

to stay or cause to stay in a liquid, esp. in order to improve flavor or to become soft or clean: [I] Let the tea steep for five minutes. [T] This stain will come out if you steep the cloth in cold water. To be steeped in something is to be filled with it or to know a lot about it: [T] The college is steeped in tradition.
(Definition of steep from the Cambridge Academic Content Dictionary © Cambridge University Press)
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