Price

/praɪs/

Meaning & Definition

noun

The amount of money expected, required, or given in payment for something.

The price of the new smartphone is higher than the previous model.

The cost of something in terms of money, typically expressed as a sum or amount.

We need to compare the prices of different hotels before booking.

The equivalent amount paid in an exchange, which may not always be monetary.

She paid the price of her ambition with long hours and hard work.

verb

To determine the amount expected to be paid for (something); to set a price.

The seller decided to price the antique vase at a thousand dollars.

To mark the price on goods for sale.

The store assistant is pricing all the winter clothing for the upcoming sale.

Middle English price, from Old French pris, from Latin pretium.

price to pay

The cost or sacrifice associated with a decision.

set a price

To determine the amount of money requested for an item.

price tag

A label attached to an item displaying its cost.

price of admission

The fee required to enter a place or event.

price point

The specific price at which a product is sold.

cost

The amount that needs to be paid or spent to buy or obtain something.

value

The importance, worth, or usefulness of something.

expense

The cost incurred in buying, operating, or maintaining something.

Cheap

I found a cheap price for that jacket online.

Steep

The price for that concert was steep.

Big bucks

That luxury car costs big bucks.

Wallet-buster

The new phone is a wallet-buster!

Best bang for your buck

This deal gives you the best bang for your buck.