Price Definition & Meaning | Britannica Dictionary (2024)

1 price

/ˈpraɪs/

noun

plural

prices

1 price

/ˈpraɪs/

noun

plural

prices

Britannica Dictionary definition of PRICE

1

:

the amount of money that you pay for something or that something costs

[count]

  • oil/gas prices

  • You paid a high/low/reasonable price for the car.

  • We bought the house at a good price.

  • Can you give me a price for the car? [=can you tell me how much the car costs?]

  • If the price is right/reasonable, I'll buy it. = If it's the right price, I'll buy it.

  • The price of milk rose/increased/fell/dropped.

  • With the coupon you can buy two loaves of bread for the price of one. [=for the same amount of money it costs to buy one]

  • I won't sell the house. Not at any price! [=I won't sell the house no matter how much money someone offers me for it]

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[noncount]

  • High-definition television sets should come down in price over the next few years. [=they should start to cost less over the next few years]

  • What is the difference in price between the two cars?

  • Children who are older than 12 years old have to pay full price. [=the main or highest price]

  • Air-conditioning is included in the car's base price. [=the basic price you pay for something without adding anything extra]

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often used before another noun

  • price cuts/increases

  • a price list for computer components

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see also asking price, consumer price index, half price, list price, market price, purchase price, reserve price, retail price index, selling price, sticker price

2

[singular]

:

the thing that is lost, damaged, or given up in order to get or do something

  • A loss of privacy is often the price (you pay) for being famous.

  • Giving up alcohol was a small price (to pay) for keeping his family together.

  • Five years in prison is a high price (to pay) for one mistake.

  • We won the war, but at what price? [=did we lose or give up too much in order to win the war?]

  • What price glory/fame? [=is glory/fame worth what you have to lose or give up in order to get it?]

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3

[noncount]

:

the amount of money needed to persuade someone to do something

  • I know he said he wouldn't do it, but I think it's just a matter of finding his price.

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a price on someone's head

:

an amount of money that will be given to anyone who kills or captures someone

  • The group's leader has been in hiding since the government put a price on his head.

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at any price

1

:

for any amount of money

  • We think it's the best education you can get at any price.

  • I wouldn't work for her again. Not at any price.

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2

:

without caring about what might be lost or given up

  • people who want peace at any price

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at a price

1

:

by losing or giving up something or doing something unpleasant

  • Success came at a price.

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2

:

for a very large amount of money

  • The chocolate is available by mail order, but at a price. [=it is expensive to have the chocolate mailed to you]

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beyond price

literary

:

extremely valuable or important

  • Her friendship is a treasure beyond price. [=a priceless treasure]

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put a price on

1

:

to ask for a particular amount of money for (something you are selling)

  • The owners have not yet put a price on the house.

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2

:

to say how important or valuable something is

usually used in negative statements to say that something is extremely important and valuable

  • You can't put a price on true love.

  • The teachers there really care about the students, and I don't think you can put a price on (something like) that.

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price

, charge

, cost

, and

fee

mean the amount of money that is asked for or given as payment for something.

price

refers to how much money is asked for goods.

  • What is the price of the car?

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charge

refers to the amount that you pay for using something or for a service.

  • There is no charge for parking here.

  • What are these phone charges on the bill?

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cost

is used to refer to what is paid for something by the buyer rather than what is asked for by the seller.

  • The cost of the repairs seemed very high.

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cost

may also be used to refer to prices in general.

  • The cost of living is higher in big cities.

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fee

refers to an amount that is set by law, a business, etc., for doing something or for a particular service.

  • There is a $50 fee for the license.

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2 price

/ˈpraɪs/

verb

prices;

priced;

pricing

2 price

/ˈpraɪs/

verb

prices;

priced;

pricing

Britannica Dictionary definition of PRICE

[+ object]

1

:

to say or decide how much something costs

:

to give a price to (something)

  • They priced the house too high.

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usually used as (be) priced

  • The house is priced too high.

  • The computer is priced at $2,000.

  • a reasonably priced car

  • high-priced televisions [=expensive televisions]

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2

:

to put a price on (something)

:

to attach a price tag to (something)

  • Workers quickly priced the new merchandise.

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3

:

to learn the price of (something that you are thinking about buying)

  • I've been pricing TVs [=comparing the prices of different TVs] and I know which one we should buy.

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price (someone) out of the market

:

to make the price of something too high for (someone)

  • The high rents are pricing some people out of the market.

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price yourself out of the market

:

to make the price of your services, products, etc., too high

  • If your fee is too high, you may find that you've priced yourself out of the market. [=people may stop wanting to pay for your services because they cost too much]

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— pricing

noun

[noncount]

  • The store uses low pricing to attract customers.

  • The company is changing its pricing policy/strategy.

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Price Definition & Meaning | Britannica Dictionary (2024)

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