Longman Dictionary of Contemporary English homepage

Language: Old English
Origin: steap 'high, steep, deep'

steep

1 adjective
     
steep1 S3 comparative steeper, superlative steepest
1 a road, hill etc that is steep slopes at a high angle:
The road became rocky and steep.
a steep climb to the top
2 steep prices, charges etc are unusually expensive [≠ low]:
steep rents
3 involving a big increase or decrease:
steep cuts in benefits
steep increase/rise
a steep increase in house prices
steep decrease/drop
a steep drop in orders
steeply adverb
steepness noun [uncountable]

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