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Definition of “extortionate” - English Dictionary

"extortionate" in British English

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extortionateadjective

uk   /ɪkˈstɔː.ʃən.ət/  us   /ɪkˈstɔːr.ʃən.ət/ disapproving
(Definition of extortionate from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"extortionate" in Business English

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extortionateadjective

uk   us   /ɪkˈstɔːʃənət/ disapproving
more expensive than is reasonable: extortionate fee/price/rate, etc. Most retailers charge extortionate prices for extended warranties - often more than three times as much as an independent provider.
extortionately
adverb /ɪkˈstɔːʃənətli/  us /-ˈstɔːr-/
The government has agreed on measures that protect the renewable energy industry from extortionately high national grid access charges.
(Definition of extortionate from the Cambridge Business English Dictionary © Cambridge University Press)
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“extortionate” in Business English

A blazing row: words and phrases for arguing and arguments
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