price

noun \ ˈprīs \

Updated on: 14 May 2018

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: such 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

See price defined for English-language learners

See price defined for kids

Examples of price in a Sentence

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

Recent Examples of price from the Web

The price of solar has dropped dramatically in recent years.

— kathleen ronayne, The Christian Science Monitor, "California moves to require solar panels on all new homes by 2020," 10 May 2018
The price of solar has dropped dramatically in recent years.

— kathleen ronayne, BostonGlobe.com, "California moves to require solar panels on all new homes," 10 May 2018
The assembly cost is based on the price of the item purchased, Gravina said.

— paul gores, Milwaukee Journal Sentinel, "Buzz builds as grand opening of Oak Creek Ikea store nears," 9 May 2018
Well, since 2011, the median price of a home in Dallas-Fort Worth has increased about 67 percent, according to the National Association of Realtors.

— gordon dickson, star-telegram, "Property tax time bomb: How rising home values could torpedo your retirement plans | Fort Worth Star-Telegram," 9 May 2018
The idea of shopping for labels at a fraction of the price is what lures people in.

— elizabeth wellington, Philly.com, "She visited 60 stores to celebrate her 60th birthday, so T.J. Maxx threw this Abington woman a birthday party | Elizabeth Wellington," 9 May 2018
That’s more expensive than the regular price of dockless bikes, which is $1 for 30 minutes.

— steve harrison, charlotteobserver, "Charlotte says it didn't approve Lime scooter program. Will officials shut it down? | Charlotte Observer," 9 May 2018
Tiger Woods, a two-time winner, nets a price of +3,500.

— jason hoffman, Cincinnati.com, "When is the Players Championship 2018? Here's how to watch and odds for Tiger Woods.," 9 May 2018
The commonwealth of Massachusetts has once again signaled the imminent arrival of one-stop shopping for consumers who want to know the price of a common medical test or procedure.

— tom delbanco, STAT, "Transparency on quality and price will transform medicine," 9 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'price.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of price

Middle English pris, from Anglo-French, from Latin pretium price, money; probably akin to Sanskrit prati- against, in return — more at pros-

NEW! Time Traveler

First Known Use: 13th century

in the meaning defined at sense 1

See Words from the same year

price Synonyms

Synonyms

ante, charge, cost, damage, fee, figure, freight, price tag;

Related Words

market value, valuation, value;

asking price, list price, sticker price;

price point, rate, tariff, unit price;

carrying charge, overcharge, service charge (also service fee), surcharge;

account, bill, check, invoice, tab;

Other Economics Terms

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

price

verb

Definition of price

priced; pricing

transitive verb

1 : to set a price on

2 : to find out the price of

3 : to drive by raising prices excessively

priced themselves out of the market

—

pricer

noun

See price defined for English-language learners

Examples of price in a Sentence

They priced the house too high.
Workers quickly priced the new merchandise.

Recent Examples of price from the Web

Commodity stocks are often boosted by a weaker greenback, reflecting the fact that most raw materials are priced in U.S. dollars.

— joanne chiu, WSJ, "Stock Rally on Softer Dollar Loses Luster," 11 May 2018
Among homes priced in the top tier, the word craftsman in the listing results in a 20 percent increase.

— shannon rooney, Philly.com, "Three Philly homes with ever-popular 'Craftsman' features under $650,000," 9 May 2018
At the time, the company offered a range of variably priced plans in an effort to find the sweet spot for high-frequency users interested in paying an upfront fee for dozens of rides.

— andrew j. hawkins, The Verge, "Lyft’s monthly subscription plan is expanding — and now has a waitlist," 9 May 2018
Of the top design features that increased the value of entry-level homes — defined as ones that are priced in the bottom third of the market — a large portion of them are trends that Chip and Joanna Gaines made popular on their HGTV show.

— lyndsey matthews, House Beautiful, "These ‘Fixer Upper’ Features Can Make Your Home More Valuable," 4 May 2018
Investors may have already priced in the potential for new licensing agreements, and the ICA deal is one that had been speculated about in Swedish media.

— Bloomberg.com, "New Ocado Pacts Don't Excite Investors as Much as They Used To," 2 May 2018
The Renegade is likely to be priced around $15,000 in India and will come in the high-volume SUV segment where other players include Hyundai’s Creta, Renault’s Duster and Ford’s Eco Sport.

— pankaj radhe, Detroit Free Press, "Jeep Compass puts FCA's foot in the door of growing India market," 16 Apr. 2018
And with the prices in Moschino [tv] H&M priced ranging from approximately $25 to $300, the effect is, ostensibly, the opening of the door to the party; no guest list, no velvet rope, just merrymaking with Moschino panache.

— nick remsen, Vogue, "Exclusive: Moschino and H&M Are Collaborating—And Out in Palm Springs, Jeremy Scott Might Be Having His Best Coachella Yet," 15 Apr. 2018
Though headquartered in the Netherlands and incorporated in the United Kingdom, Royal Dutch Shell reports its earnings in dollars, because oil is priced in that currency.

— paul j. lim, New York Times, "The Falling Dollar Means Investors Should Look Abroad — Carefully," 13 Apr. 2018

First Known Use of price

15th century

in the meaning defined at sense 1

See Words from the same year

NEW! Time Traveler

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

Price

biographical name \ ˈprīs \

Definition of Price

(Mary) Le*on*tyne play \lē-ˈän-ˌtēn;ˈlē-ən-ˌtēn, ˈlā-\ 1927– American soprano

PRICE Defined for English Language Learners

price

noun

Definition of price for English Language Learners

: the amount of money that you pay for something or that something costs
: the thing that is lost, damaged, or given up in order to get or do something
: the amount of money needed to persuade someone to do something

price

verb

Definition of price for English Language Learners

: to say or decide how much something costs : to give a price to (something)
: to put a price on (something) : to attach a price tag to (something)
: to learn the price of (something that you are thinking about buying)

PRICE Defined for Kids

price

noun \ ˈprīs \

Definition of price for Students

1 : the quantity of one thing given or asked for something else : the amount of money paid or to be paid

2 : the cost at which something is gotten or done

Giving up privacy is the price of fame.

3 : a reward for the capture of a criminal

Synonym Discussion of price

price, charge, and cost mean the amount asked or given in payment for something. price usually refers to what is asked for goods.

- What is the price of the car?

charge usually refers to the amount asked for services.

- There is a charge for the first visit.

cost is usually used to state what is paid for something by the buyer rather than what is asked by the seller.

- The cost of our dinner seemed very high.

price

verb

Definition of price for Students

priced; pricing

1 : to determine the amount something costs

The house is priced too high.

2 : to find out how much something costs

I've been pricing TVs.

Learn More about price

See words that rhyme with price Thesaurus: All synonyms and antonyms for price Spanish Central: Translation of price Nglish: Translation of price for Spanish speakers Britannica English: Translation of price for Arabic speakers Britannica.com: Encyclopedia article about price

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price

Definition of price

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Origin and Etymology of price

price Synonyms

Synonyms

Related Words

Other Economics Terms

price

Definition of price

pricer

Examples of price in a Sentence

Recent Examples of price from the Web

First Known Use of price

Other Business Terms

Price

Definition of Price

PRICE Defined for English Language Learners

price

Definition of price for English Language Learners

price

Definition of price for English Language Learners

PRICE Defined for Kids

price

Definition of price for Students

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price

Definition of price for Students

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