English

Definition of price noun from the Oxford Advanced Learner's Dictionary

      

    price

     noun
    noun
    BrE BrE//praɪs//
     
    ; NAmE NAmE//praɪs//
     
    Online shopping, Equine sports
     
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  1. 1  [countable, uncountable] the amount of money that you have to pay for something Boat for sale, price £2 000 house/retail/oil/share prices to charge a high/reasonable/low price for something The price of cigarettes is set to rise again. He managed to get a good price for the car. rising/falling prices Can you give me a price for the work (= tell me how much you will charge)? I'm only buying it if it's the right price (= a price that I think is reasonable). Children over five must pay (the) full price for the ticket. How much are these? They don't have a price on them. It's amazing how much computers have come down in price over the past few years. price rises/increases/cuts a price list Synonymspricecost value expense worthThese words all refer to the amount of money that you have to pay for something.price the amount of money that you have to pay for an item or service:house prices How much are these? They don’t have a price on them. I can’t afford it at that price.cost the amount of money that you need in order to buy, make or do something:A new computer system has been installed at a cost of £80 000.value how much something is worth in money or other goods for which it can be exchanged:The winner will receive a prize to the value of £1 000. Especially in British English, value can also mean how much something is worth compared with its price:This restaurant is excellent value (= is worth the money it costs).price, cost or value?The price is what somebody asks you to pay for an item or service:to ask/​charge a high price to ask/​charge a high cost/​value. Obtaining or achieving something may have a cost; the value of something is how much other people would be willing to pay for it:house prices the cost of moving house The house now has a market value of one million pounds.expense the money that you spend on something; something that makes you spend money:The garden was transformed at great expense. Running a car is a big expense.worth the financial value of somebody/​something:He has a personal net worth of $10 million. Worth is more often used to mean the practical or moral value of something.Patterns the high price/​cost/​value the real/​true price/​cost/​value/​worth to put/​set a price/​value on something to increase/​reduce the price/​cost/​value/​expense to raise/​double/​lower the price/​cost/​value to cut the price/​cost see also asking price, cost price, cut-price, half-price, market price, list price, purchase price, selling price See related entries: Online shopping
  2. 2  [singular] the unpleasant things that you must do or experience in order to achieve something or as a result of achieving something price (of something) Criticism is part of the price of leadership. price (for something/for doing something) Loneliness is a high price to pay for independence in your old age. Giving up his job was a small price to pay for his children's happiness. Being recognized wherever you go is the price you pay for being famous.
  3. 3[countable] (in horse racing) the numbers that tell you how much money you will receive if the horse that you bet on wins the race synonym odds Six to one is a good price for that horse. see also starting price See related entries: Equine sports
  4. Word Origin Middle English: the noun from Old French pris, from Latin pretium ‘value, reward’; the verb, a variant (by assimilation to the noun) of earlier prise ‘estimate the value of’ (see prize). Compare with praise.Extra examples Children travel half price until age ten. Cigarettes have remained stable in price for some time. Food is available, at a price. House prices went up by 5 per cent last year. I can’t afford it at that price. I got a number of suppliers to quote me their best prices. I got a shock when I looked at the price tag. I managed to get a good price for my old car. If prices slump further, the farmers will starve. It’s always worth comparing prices before you buy. Oil is set in go up in price. Prices go from $30 for the standard model to $150 for the de luxe version. Prices soared during the war. Property in the area is now fetching ridiculously high prices. The average price per gallon was $2.09. The campaign urged retailers to drop their prices. The car has a base price of $28 640. The cost of a policy premium is a small price to pay for peace of mind. The deal would boost gas prices. The price of fuel is prohibitive. The suggested retail price of the DVD is $19.99. The team paid a heavy price for its lack of preparation. These computers range in price from £1 300 to £2 000. They are selling off summer shoes at cost price. They charge exorbitant prices for their goods. They sell cars at fixed prices, with no haggling. This website tells you the market price of all makes of second-hand car. We need to adjust our prices to reflect our actual costs. We sell quality tools at the right price. What’s the asking price for this house? You can’t put a price on happiness. You need to pay a deposit of 10 per cent of the purchase price of the property. admission prices at the museum designer clothes at bargain prices the share price index He was charging a very high price for it. How much are these? They don’t have a price on them. It’s amazing how much computers have come down in price over the past few years. The price includes dinner, bed and breakfast. We wanted the house so much we paid the asking price. house/​retail/​oil/​share prices to pay half/​full price for somethingIdioms whatever the cost or the difficulties may be We want peace at any price.
    1. 1costing a lot of money You can buy strawberries all year round, but at a price.
    2. 2involving something unpleasant He'll help you—at a price!
    (formal or literary) extremely valuable or important
    cheap at the price (also cheap at twice the price) (British English also cheap at half the price)
     
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    so good or useful that the cost does not seem too much To buy all the recommended equipment is expensive, but as an investment for the future it is cheap at the price.
    everyone has their price
     
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    (saying) you can persuade anyone to do something by giving them more money or something that they want
    used to say that no amount of money would persuade you to do or to sell something I wouldn't work for her again—not at any price!
    pay the penalty (for something/for doing something), pay a/the price (for something/for doing something)
     
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    to suffer because of bad luck, a mistake or something you have done He looked terrible this morning. I think he's paying the penalty for all those late nights. They're now paying the price for past mistakes. She thinks that any inconvenience is a price worth paying for living in such a beautiful place.
    a price on somebody’s head
     
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    an amount of money that is offered for capturing or killing somebody Ever since he killed the gang’s leader, there has been a price on his head.
    put a price on something
     
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    to say how much money something valuable is worth They haven't yet put a price on the business. You can't put a price on that sort of loyalty.
      what price…? (British English, informal)
       
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    1. 1used to say that you think that something you have achieved may not be worth all the problems and difficulties it causes What price fame and fortune?
    2. 2used to say that something seems unlikely What price England winning the World Cup?
See the Oxford Advanced American Dictionary entry: price