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price

68 ENTRIES FOUND:

1price

noun \ˈprīs\

Definition of PRICE

1
archaic : value, worth
2
a : the quantity of one thing that is exchanged or demanded in barter or sale for another b : the amount of money given or set as consideration for the sale of a specified thing
3
: the terms for the sake of which something is done or undertaken: as a : an amount sufficient to bribe one <believed every man had his price> b : a reward for the apprehension or death of a person <an outlaw with a price on his head>
4
: the cost at which something is obtained <the price of freedom is restraint — J. Irwin Miller>

Examples of PRICE

  1. You paid a high price for the car.
  2. We bought the house at a good price.
  3. The price of milk rose.
  4. What is the difference in price between the two cars?
  5. I know he said he wouldn't do it, but I think it's just a matter of finding his price.

Origin of PRICE

Middle English pris, from Anglo-French, from Latin pretium price, money; probably akin to Sanskrit prati- against, in return — more at pros-
First Known Use: 13th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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