1. unreasonably high in price; excessively expensive
2. involving or characterized by extortion
Usage: legal context

Examples

• The hotel charged extortionate prices during the festival.
• Parking fees in the city center are absolutely extortionate.
• The mechanic’s repair estimate seemed extortionate for such a simple job.
• She refused to pay the extortionate rent increase.
• The loan shark’s extortionate interest rates trapped many borrowers.
• Concert ticket prices have become extortionate in recent years.