steep

steep /st'iːp/ (steeper steepest)
1 [ADJ]
A steep slope rises at a very sharp angle and is difficult to go up.
San Francisco is built on 40 hills and some are very steep.
...a narrow, steep-sided valley.
steeply [ADV] ADV with v
The road climbs steeply, with good views of Orvieto through the trees.
...steeply terraced valleys.
...houses with steeply sloping roofs.
2 [ADJ]
A steep increase or decrease in something is a very big increase or decrease.
Consumers are rebelling at steep price increases.
= sharp
steeply [ADV] ADV with v
Unemployment is rising steeply.
3 [ADJ] usu v-link ADJ
If you say that the price of something is steep, you mean that it is expensive. (INFORMAL)
The annual premium can be a little steep, but will be well worth it if your dog is injured.

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