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pricing

 
 
/ˈpraɪsɪŋ/ noun [U] (also product pricing)

Definition

COMMERCE, MARKETING the way that a company decides prices for its products or services, or the prices decided: Hong Kong's printing industry is renowned for quality, quick delivery, and competitive pricing.pricing policy/strategy The company launched an aggressive pricing strategy to stay competitive. a pricing structure/system → See also common pricing, discount pricing, dual pricing, market-penetration pricing, multiple pricing, penetration pricing
(Definition of pricing noun from the Cambridge Business English Dictionary © Cambridge University Press)

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