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Definition of price noun from the Oxford Advanced American Dictionary

      

    price

     noun
    noun
    NAmE//praɪs//
     
     
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  1. 1[countable, uncountable] the amount of money that you have to pay for something Boat for sale, price $4,000 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 see asking price, half-price, list price, market price, purchase price, selling price
  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 starting price
    4. Thesaurusprice
    • cost
    • value
    • expense
    • worth
    These 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 a service:house prices These shoes 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 $180,000.
    • value how much something is worth in money or other goods for which it can be exchanged:Sports cars tend to hold their value well. Value can also mean how much something is worth compared with its price:This restaurant is an excellent value (= is worth the money it costs).
    price, cost, or value?
    • The price is what someone 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 changing jobs The house now has a market value of one million dollars.
    • expense the money that you spend on something; something that makes you spend money:The garden was expanded at great expense. Owning a car is a major expense.
    • worth the financial value of someone or 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
    Idioms
    at any price
     
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    whatever the cost or the difficulties may be We want peace at any price.
      at a price
       
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    1. 1(also for a price) costing a lot of money You can buy strawberries all year round, but for a price.
    2. 2involving something unpleasant Her generosity comes at a price. He'll help you—at a price!
    beyond price (formal or literary)
     
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    extremely valuable or important
    cheap at the price (also cheap at twice 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 (saying)
     
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    you can persuade anyone to do something by giving them more money or something that they want
    not at any price
     
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    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 someone 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…? (informal)
     
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    used 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?
See price in the Oxford Advanced Learner's Dictionary
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