Example: I bought a new car earlier this year, so I can't afford to go on holiday (I don't have enough money to pay for a holiday because I spent a lot of money on a car.)
I got a bonus at work, so now I can afford that Gucci bag that I have wanted for ages (before my bonus, I didn't have enough money. Now that I have some extra money, I can buy something expensive)
The word afford usually follows: can, could or be able to
For more meanings of this verb click here.
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