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What does exorbitant mean?

Looking for the meaning or definition of the word exorbitant? Here's what it means.

Adjective
  1. exceeding proper limits; extravagant; excessive or unduly high.
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Every year, some 3,000 of these exorbitant powder-blue stacks come cracking and groaning down the Labrador Sea.
The classic complaints involve poor punctuality, delays caused by engineering works and exorbitant fares.
The pair were referencing the exorbitant golden parachutes given just since last year to previous officials of the struggling airline.
Biogas has a tremendous future, due to the exorbitant increase of gasoline prices.
Word has it that the prices are so exorbitant because the taxi drivers have to give the resort a cut for operating there.
Over 35 per cent said they were taken to shops where the prices were exorbitant.

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