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price

UK/ˈpɹaɪ̯s/US/ˈpɹaɪ̯s/
nounA12 meaningsVery common — you will meet it every day · #713 of 15,258neutral

Other forms: prices

The price is how much money you must give for something. The price of it, half price, at any price.

Price is what is asked, cost is what it takes to make or to have, and value is what it is worth — three words people use interchangeably and economists do not. At any price means whatever it takes, and at a price means it will not be cheap. Note price tag; price war; the price of fame; and that everyone has their price, which is cynical rather than economic.

Lorie A. Wagner, Daniel E. Sullivan, and John L. Sznopek · Public domain

Definitions of price

  1. 1nounpriceHow much money you must give for something.A1

    “The price of petrol has gone up again this month.”

  2. 2nouncostsWhat something costs you in another sense.B2

    “Losing his friends was the price he paid for fame.”

Too few real examples of this word to estimate which sense is commonest.

price is an amount charged.

Also accepted in games: cost

Where it comes from

Old French pris comes from Latin pretium, worth or reward. Praise, prize, precious and appreciate are the same word arriving by different routes, so a price is what a thing is praised at.

  1. Latin

    pretium — worth, price, money spent, wages, reward

  2. Old French

    pris

  3. Middle English

    price — price, prize, value, excellence

  4. English, today

    price

From Middle English price (“price, prize, value, excellence”), borrowed from Old French pris, preis, from Latin pretium (“worth, price, money spent, wages, reward”); compare praise, precious, appraise, appreciate, depreciate, etc.

Etymology from Wiktionary, CC BY-SA

Practised in Shopping & Money

Practise this word

price in the wild

  • A small business may still have the power to raise prices in a small industry (or market).

    Monopoly

  • PPP is effectively the ratio of the price of a market basket at one location divided by the price of the basket of goods at a different location.

    Purchasing power parity

  • People in different countries typically consume different quantities of goods so it is necessary to compare the cost of quantities of goods and services using a price index.

    Purchasing power parity

  • A price is the quantity of payment or compensation expected, required, or given by one party to another in return for goods or services.

    Price

  • In many financial transactions, it is customary to quote prices in other ways.

    Price

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From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.

Related words

the pretium family

priceprecious

price — used about once every 62 pages · #713 · point at the bar for the others

  • price tag
  • half price
  • price rise
  • hammer price
  • price freeze
  • reserve price