Meaning of the word price in English

What does price mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

price

US /praɪs/

UK /praɪs/

the amount of money expected, required, or given in payment for something

Example:

•

The price of the car is too high for me.

•

What's the price of this item?

Synonym:

cost charge fee rate value

the unpleasant consequences that one must accept for a particular action or situation

Example:

•

He paid the ultimate price for his betrayal.

•

Freedom comes at a price.

Synonym:

consequence penalty cost sacrifice repercussion

to set a price for something

Example:

•

The company decided to price their new product competitively.

•

How do you price your services?

Synonym:

value cost rate charge assess

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