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The meaning of PRICE is the amount of money given or set as consideration for the sale of a specified thing. How to use price in a sentence.
Price refers to the amount of money required to purchase a product or service. Price can also be seen as a measure of a product’s value, insofar as people are willing to pay a certain monetary amount to buy it.
A price is the (usually not negative) quantity of payment or compensation expected, required, or given by one party to another in return for goods or services. In some situations, especially when the product is a service rather than a physical good, the price for the service may be called something else such as "rent" or "tuition". [1] .
PRICE meaning: 1. the amount of money for which something is sold: 2. the unpleasant results that you must accept…. Learn more.
Price definition: the sum or amount of money or its equivalent for which anything is bought, sold, or offered for sale.. See examples of PRICE used in a sentence.
Price is the amount of money charged for a good or service. It represents the value that a buyer is willing to pay in exchange for what the seller is offering. Price is a fundamental concept in economics that is closely tied to the laws of supply and demand, as well as the concepts of elasticity and constant elasticity.
To talk about how much things cost, you can say that prices start at a particular amount, or that prices range from one amount to another. The retail price for something is the amount it costs in a store, and the wholesale price is the amount it costs to buy a large quantity of it.
PRICE definition: 1. the amount of money that you pay to buy something: 2. the unpleasant results that you must…. Learn more.
PRICE meaning: 1 : the amount of money that you pay for something or that something costs often used before another noun; 2 : the thing that is lost, damaged, or given up in order to get or do something
At its most basic, a price is the amount of money that a buyer gives to a seller in exchange for a good or a service. When someone hands over $2.00 and receives a pound of tomatoes, the price is straightforward observation: $2.00 a pound.