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Important: Expansions are NOT unlocked by a subscription. Note: LOTRO Point price is always higher than if you were buying with real money.
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Expansions can be unlocked with real money (preferably when they are on sale) or using LOTRO Points. They usually span more levels and have much more content to keep you occupied. Sometimes, they come with an instance cluster or raid. They are basically a landmass with a lot of quests and deeds included. There are two types of content areas: quest packs and expansions.
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The Lord of the Rings Online is a free to play MMORPG.