First Known Use: 13th century
Dictionary
1price
noun \ˈprīs\
: 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
Full Definition of PRICE
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: 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>
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Origin of PRICE
Middle English pris, from Anglo-French, from Latin pretium price, money; probably akin to Sanskrit prati- against, in return — more at pros-
Other Economics Terms
2price
verb
: 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)
pricedpric·ing
Full Definition of PRICE
transitive verb
1
: to set a price on
2
: to find out the price of
See price defined for English-language learners
First Known Use of PRICE
15th century
Other Business Terms
Price
biographical name \ˈprīs\
Definition of PRICE
(Mary) Le*on*tyne \lē-ˈän-ˌtēn; ˈlē-ən-ˌ, ˈlā-\ 1927– Am. soprano
PRICES Defined for Kids
1price
noun \ˈprīs\
Definition of PRICE for Kids
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.>
2price
verb
pricedpric·ing
Definition of PRICE for Kids
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.>
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