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English definition of “price”

price

noun [C] uk   /praɪs/ us  
A2 [C] the amount of money for which something is sold: The price of oil has risen sharply. House prices have been falling. We thought they were asking a very high/low price. The large supermarkets are offering big price cuts. C1 [singular] the unpleasant results that you must accept or experience for getting or doing something: Perhaps being unpopular is the price of success. An extra few minutes at the airport is a small price to pay for safe travel.

price

verb uk   /praɪs/ us  
C1 [T often passive] to say what the price of something is: The car is priced at £28,000. There is a lack of reasonably priced housing for rent. [T] to discover how much something costs: We went around all the travel agents pricing the different tours.
(Definition of price from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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