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

price war

noun
 
/ˈpraɪs wɔː(r)/
 
/ˈpraɪs wɔːr/
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  1. a situation in which companies or shops keep reducing the prices of their products and services in order to attract customers away from their competitors
    • All the large supermarket chains are currently locked in a price war.
See price war in the Oxford Advanced American Dictionary
Check pronunciation: price war

Nearby words

trait
noun
 
 
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