exceeding the bounds of custom, propriety, or reason, especially in amount or extent; highly excessive: to charge an exorbitant price; exorbitant luxury.

1425–75; late Middle English < Late Latin exorbitant- (stem of exorbitāns, present participle of exorbitāre to go out of the track), equivalent to ex- ex-1 + orbit(a) wheel track (see orbit) + -ant- -ant

exorbitantly, adverb
unexorbitant, adjective
unexorbitantly, adverb

inordinate, outrageous, extreme, extravagant, unreasonable, unconscionable.

fair, reasonable.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
exorbitant (ɪɡˈzɔːbɪtənt)
(of prices, demands, etc) in excess of what is reasonable; excessive; extravagant; immoderate
[C15: from Late Latin exorbitāre to deviate, from Latin orbita track]

Collins English Dictionary - Complete & Unabridged 10th Edition
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Word Origin & History

mid-15c., from L. exorbitantem (nom. exorbitans), prp. of exorbitare "deviate, go out of the track," from ex- "out of" + orbita "wheel track." Originally "deviating from rule or principle, eccentric;" sense of "excessive, immoderate" (of prices, rates, etc.) first recorded 1660s. Related: Exorbitantly.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Critics point out that the cost of the journey is exorbitant.
Moreover the amount of taxes that we have to bear from our salary is exorbitant.
He accused the microfinance groups of charging exorbitant rates.
The economy is in a process of readjustment, moving down from exorbitant highs.
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