price meaning
price :
cost, fee
noun
▪ The price of the book is $10.
▪ The cost of the book is $10.
▪ They lowered the price to attract more customers.
▪ They reduced the cost to attract more customers.
paraphrasing
▪ cost – price
▪ fee – price
▪ charge – price
▪ rate – price
price :
set the price, determine the price
verb
▪ The store prices its products competitively.
▪ The store sets the prices of its products competitively.
▪ They priced the items lower than their competitors.
▪ They set the items’ prices lower than their competitors.
paraphrasing
▪ set – price
▪ determine – price
▪ value – price
▪ fix – price
Pronunciation
price [praɪs]
The noun and verb are pronounced the same, sounding like 'price'.
Common phrases and grammar about price
price - Common meaning
noun
cost, fee
verb
set the price, determine the price
Part of Speech Changes for "price"
▪ priceless (adjective) – without price, invaluable
▪ pricey (adjective) – expensive
Common Expressions with "price"
▪ set the price – to determine the amount of money
▪ reduce the price – to lower the amount of money
▪ increase the price – to raise the amount of money
▪ fair price – a reasonable amount of money
Important examples of price in TOEIC
Vocabulary examples from the TOEIC test
In TOEIC vocabulary questions, price is used to describe the cost of goods or the action of setting a cost.
Example of a confusing word: prize (an award)
Grammar examples from the TOEIC test
In TOEIC grammar questions, price is used as both a noun and a verb, and questions may ask to identify or change its form.
price
Idioms and fixed expressions in TOEIC
at any price
means 'no matter what'
price match
means 'matching competitors’ prices'
Differences between similar words and price
price
,
cost
differences
price is the amount of money required for something, while cost refers to the amount of money spent to produce or obtain something.
price
,
fee
differences
price is the amount paid for a good or service, while fee is a payment for professional services.
Words with the same origin as price
The origin of price
price originates from the Latin 'pretium', meaning value.
Word structure
The analysis of the word's composition is unclear.
Words with the same origin
The root of price is 'pretium'. Words with the same root include premium.
Please select an image in the quiz
Previous post and next post
cancellation
624
stopping, ending
noun ┃
Views 2
