price index

price index

noun

Definition of PRICE INDEX

: an index number expressing the level of a group of commodity prices relative to the level of the prices of the same commodities during an arbitrarily chosen base period and used to indicate changes in the level of prices from one period to another

First Known Use of PRICE INDEX

1886

Rhymes with PRICE INDEX

belowdecks, biconvex, circumflex, Cornish rex, cross-index, Devon rex, gentle sex, googolplex, haruspex, intersex, Malcolm X, megaplex, Middlesex, multiplex, oral sex, PBX, pontifex, retroflex, spinifex, subindex, thumb index, unisex