What does steep mean?

The meaning of "steep" is:

(adjective) costs a lot of money, is very expensive

Example Sentence:

The man’s new sports car is really steep.

A: Do you want to go to that new restaurant?
B: No
A: Why not?
B: Because everything there is so steep. It’s too expensive for me.

The young woman’s gambling addiction was steep, so she decided to get help.

From the Blogs:

Education Secretary Criticizes Steep Rise in College Costs



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