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English definition of “price”

price

noun [C]
 
 
/praɪs/ MONEY, FINANCE
the amount of money for which something is sold or offered for sale: at/for a price We managed to purchase the business for a reasonable price.house/oil/share prices Large increases in house prices have given a strong boost to consumer spending. During the last week of May, share prices surged.a competitive/fair/reasonable price The company hopes to sell its biofuel at a competitive price.a high/low price They sold the property for a high price.falling/rising prices Falling prices should be good news for textile producers.agree/agree on a price It took some time before we could agree on a price increase/put up/raise prices They're quite willing to raise prices when there are more people wanting to buy something than there are units available for sale.cut/reduce/slash prices Companies are slashing prices in an attempt to attract customers who are reluctant to spend.price increases/reductions/rises A spokesman confirmed that the price increases would take effect from next month.a price of $50/£300/€10,000, etc. The stocks reached a price of $25. The plumber will estimate how long the work will take and give the customer a price for labor. Some retailers are still selling the goods at full price.
at/for a price for a lot of money: Almost anything can be fixed for a price.
put a price on sth to say how much something costs, or is worth: The latest development makes it difficult to put a price on other bonds and loans. Staff loyalty is something that you can't really put a price on.
→ See also actual price, after-hours price, adjusted share price, ask price, asked price, asking price, bargain-priced, basic price, below-cost price, best price, bid price, buying price, cash price, catalogue price, closing price, consumer prices, cost price, current price, cut-price, delivered price, demand price, discount price, equilibrium price, exercise price, factor price, factory price, firm price, fixed price, floor price, forward price, guaranteed price, guide price, half price, actual price, inflation-adjusted price, initial price, intervention price, invoice price, issue price, law of one price, list price, low-price, manufacturer's recommended price, market price, market clearing price, median price, net price, nominal price, offering price, offer price, official price, off-price, opening price, package price, per subscriber price, physical price, popular price, premium price, producer price, producer price index, pump price, purchase price, recommended retail price, reservation price, reserve price, retail price, retail price index, sale price, selling price, share price, soft price, spot price, sticker price, stock price, street price, strike price, striking price, subsidized price, suggested retail price, supply price, support price, threshold price, trade price, transfer price, unit price, upset price, wholesale price, wide price
(Definition of price noun from the Cambridge Business English Dictionary © Cambridge University Press)
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