Pronunciation

/prɪs/

Definitions

• Noun: 1. The amount of money required to buy something, usually expressed in monetary units. 2. A cost or value associated with a product or service. 3. An asking or estimated value, as in auction or negotiation. 4. A price tag or label.
• Verb: To set the price of something. 2. To quote or demand a specific price. 3. To evaluate or appraise the worth of something.

Phrases

• “Market price” refers to the value determined by supply and demand.
• “Set a price on something” means to assign a value to it.
• “Negotiate a price” involves discussing terms to agree on a cost.

Example Sentences

• Noun: “The new car had a steep price tag of $50,000.”
• Verb: “The seller decided to raise the price of the house after receiving multiple offers.”
• Phrasal Verb: “I couldn’t afford the price they were asking for the antique.”

Synonyms

• Cost
• Value
• Sum
• Tag
• Rate
• Charge
• Fee
• Price point
• Quote

Antonyms

• Free
• Discount
• Give away
• Undervalue