Definition Definition

price - Meaning and Examples

Meaning of 'price' (Webster Dictionary)

1 . Price [ n. & v.]
- The sum or amount of money at which a thing is valued, or the value which a seller sets on his goods in market; that for which something is bought or sold, or offered for sale; equivalent in money or other means of exchange; current value or rate paid or demanded in market or in barter; cost.
- Value; estimation; excellence; worth.
- Reward; recompense; as, the price of industry.
2 . Price [ v. t.]
- To pay the price of.
- To set a price on; to value. See Prize.
- To ask the price of; as, to price eggs.

Meaning of 'price' (Princeton's WordNet)

1 . price [ n]
Meaning (1):
- the property of having material worth (often indicated by the amount of money something would bring if sold)
Example in sentence:
  • he couldn't calculate the cost of the collection;
  • he puts a high price on his services;
  • the fluctuating monetary value of gold and silver
Meaning (2):
- the amount of money needed to purchase something
Example in sentence:
  • he got his new car on excellent terms;
  • how much is the damage?;
  • the price of gasoline
Meaning (3):
- the high value or worth of something
Example in sentence:
  • her price is far above rubies
Meaning (4):
- a monetary reward for helping to catch a criminal
Example in sentence:
  • the cattle thief has a price on his head
Meaning (5):
- value measured by what must be given or done or undergone to obtain something
Example in sentence:
  • the cost in human life was enormous;
  • the price of success is hard work;
  • what price glory?
Meaning (6):
- cost of bribing someone
Example in sentence:
  • they say that every politician has a price
7 . price [ v]
Meaning (7):
- ascertain or learn the price of
Example in sentence:
  • Have you priced personal computers lately?
Meaning (8):
- determine the price of
Example in sentence:
  • The grocer priced his wares high