a maximum price of

USAGE SUMMARY

The phrase "a maximum price of" is correct and usable in written English.
It can be used when specifying the highest allowable price for a product or service in a financial or contractual context. Example: "The auction will start with a maximum price of $500 for the antique vase."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

23 human-written examples

An Iberia official, on the phone, told me to buy a new suitcase, with a maximum price of €150 (£105).

Independent

Blackstone, based in New York, plans to sell 14.1 million shares of Premcor at a maximum price of $43.93 a share, Premcor said in a filing with the Securities and Exchange Commission.

The New York Times

Ignoring City experts who said the privatisation was severely undervalued, Vince Cable went ahead with a maximum price of 330p a share and yesterday they stood at 563p, 70% higher than the flotation price.

The Guardian - Opinion

In search of good values, the Dining section's wine panel, including my colleagues Frank J. Prial, Amanda Hesser and Florence Fabricant, tasted 25 bottles of 2000 Bordeaux with a maximum price of $25.

The New York Times - Food

The public spending watchdog says the business secretary Vince Cable ploughed ahead with plans to float Royal Mail at a maximum price of 330p-a-share despite repeated warnings from City experts that the government had vastly undervalued the company.

The Guardian

The issue of four million shares of capital stock would be sold through a group to be headed by Loeb, Rhoades & Co. at a maximum price of $25 a share.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

37 human-written examples

With the $30,000 and the fact that some businesses can be bought with a 20% down payment, this would project a maximum price for a business of $150,000.

WikiHow

For an understanding of the complainant's position both in its economic and in its legal aspects, the fact is of critical importance that there has been no attempt by the board to fix a maximum price in respect of any of the transactions subject to its regulatory power.

Cornell University

Over Bitcoin's first four years, the price exceeded $15 just 29 times and with a maximum price over this time span of $30.

Duke University

The troubled nation is offering to pay 10 billion euros ($13 billion) for the debt, at an average maximum price of 34.1 cents on the euro, Bloomberg News reports.

The New York Times

Previous sale records led to an estimated maximum price of roughly $124,000, but they sold for more than $1 million on the online auction site iGavel.

The New York Times

Expert writing Tips

Best practice

When setting financial expectations, use "a maximum price of" to clearly define the upper limit of an acceptable expense. This ensures transparency and avoids potential overspending or disputes.

Common error

Avoid using "a maximum price of" when you intend to communicate an average or typical price. The phrase strictly denotes the highest possible price, not a central tendency.

Linguistic Context

The phrase "a maximum price of" functions as a noun phrase that modifies another noun, typically specifying a limit. Ludwig AI indicates it's a correct phrase. For example, "a maximum price of $25 a share."

Expression frequency: Very common

Frequent in

News & Media

64%

Science

24%

Wiki

8%

Less common in

Formal & Business

4%

Academia

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "a maximum price of" is a versatile phrase used to denote an upper limit on the cost of something. According to Ludwig AI, this phrase is grammatically correct. As shown by Ludwig's examples, it's most commonly found in news and media, science, and wiki contexts, demonstrating its relevance across various domains. While "a maximum price of" is often interchangeable with "a price ceiling of" or "a price cap of", it's important to distinguish it from concepts like "a fixed price of" or an average price, ensuring accurate and clear communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

an upper price limit of

Replaces "maximum" with "upper limit", emphasizing the restriction on the price.

a price ceiling of

Uses "price ceiling" to denote the highest permissible price.

a price cap of

Uses "price cap", a common term for a maximum price.

a top price of

Replaces "maximum" with "top", offering a slightly more informal tone.

a maximum cost of

Substitutes "price" with "cost", broadening the application to include costs beyond just the selling price.

a limited price of

Emphasizes the restricted nature of the price.

a peak price of

Highlights that the mentioned price is the highest possible.

the highest price of

More verbose, but clearly indicates the upper bound of the price.

a fixed price not exceeding

Specifies a price that cannot be higher than the given amount.

a maximum expenditure of

Shifts the focus to expenditure, implying a limit on spending rather than pricing.

FAQs

How can I use "a maximum price of" in a sentence?

You can use "a maximum price of" to specify the upper limit for a product's cost, such as, "The government set "a maximum price of" $10 per dose for the new medication".

What's the difference between "a maximum price of" and "a fixed price of"?

"A maximum price of" sets an upper limit, while "a fixed price of" indicates an unchangeable price. The former allows for prices at or below the specified amount, while the latter does not.

What can I say instead of "a maximum price of"?

Alternatives include "a price ceiling of", "an upper price limit of", or "a price cap of", depending on the context.

Is it correct to use "a maximum cost of" instead of "a maximum price of"?

While similar, "a maximum cost of" is broader and can refer to the total expense, including additional fees or charges, whereas "a maximum price of" usually refers specifically to the selling price of a good or service.