a predetermined price

USAGE SUMMARY

The phrase "a predetermined price" is correct and usable in written English.
It can be used when referring to a price that has been set in advance, often in contracts or agreements. Example: "The contract stipulates that the service will be provided at a predetermined price, ensuring no unexpected costs arise."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

48 human-written examples

An appointment was made for a cleaning at a predetermined price.

The New York Times

Stock options provide the right to buy company shares profitably at a later date at a predetermined price.

The New York Times

With them, the holder has the right to convert his or her investment into shares at a predetermined price.

The Management of Bond Investments and Trading of Debt

Mr. Stranieri has said in legal proceedings that he acted independently in valuing Mr. Percudani's homes and was not asked to meet a predetermined price.

The New York Times

A warrant is a financial instrument that gives its owner the right at a future time to buy an underlying asset at a predetermined price.

The New York Times

Victor died in 1997 and the only written agreement in place stated that as the surviving brother, Martin could buy his brother's share at a predetermined price.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

12 human-written examples

A sponsored agreement or contract in which the sponsor agrees to pay an upfront, predetermined price, for agreed upon services or individual tasks performed.

Yale University

Where, because of difference in appraisals of grades or other similar factors, the bidding was out of line with the predetermined price limits or there was a tendency for prices to vary from those on other markets, the supervisors sought to maintain the same prices and grades on different markets.

Cornell University

Be ready to make a quick decision if the land happens to be going for more than your predetermined price.

WikiHow

On Tuesday, she just needed to pay the rest of the predetermined price after 6 a.m.

Los Angeles Times

If the bid exceeds your predetermined price range, don't sweat it.

WikiHow

Expert writing Tips

Best practice

When using "a predetermined price", ensure the context clearly indicates how and when the price was determined. This adds clarity and avoids ambiguity, especially in legal or financial documents.

Common error

Avoid assuming that "a predetermined price" covers all potential costs. Be explicit about what is included in that price to prevent disputes over additional fees or unforeseen expenses.

Linguistic Context

The phrase "a predetermined price" functions as a noun phrase, typically acting as an object or complement within a sentence. Ludwig provides numerous examples illustrating its use in various contexts, confirming its established grammatical role.

Expression frequency: Very common

Frequent in

News & Media

60%

Science

20%

Academia

10%

Less common in

Wiki

5%

Formal & Business

5%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "a predetermined price" is a common and grammatically sound phrase that signifies a price established in advance. Ludwig's analysis of numerous examples reveals its frequent usage across news, science, and academic contexts. While it is often interchangeable with terms like "a fixed price" or "a set price", it emphasizes the proactive nature of the pricing agreement. When using this phrase, ensure the context is clear about how the price was determined and what it includes to prevent misunderstandings. According to Ludwig AI, the phrase is indeed correct and usable in written English.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a set price

This alternative emphasizes the fixed nature of the price. It's less formal than the original phrase.

a fixed price

Similar to "a set price", this option highlights the immutability of the price. Often used in commercial contexts.

an agreed-upon price

This highlights the mutual agreement on the price, implying a negotiation or consensus.

a prearranged price

This suggests that the price was arranged beforehand, possibly through a formal agreement.

a stipulated price

This alternative emphasizes that the price is explicitly stated in a contract or agreement.

a predetermined cost

Using "cost" instead of "price" shifts the focus to the expense incurred, rather than the value exchanged.

an established price

Indicates that the price has been set or recognized by an authority or by common practice.

a contracted price

This emphasizes the contractual obligation to adhere to the specified price.

a pre-negotiated rate

This suggests that the price was arrived at through negotiation before the transaction.

a preset rate

This phrase is less formal and suitable for contexts like services or utilities where rates are commonly preset.

FAQs

How is "a predetermined price" used in contracts?

In contracts, "a predetermined price" ensures both parties are aware of the cost upfront, avoiding future disputes. It's often used in clauses specifying payment terms for services or goods. For example, the service will be provided at "a predetermined price".

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

"A fixed price" and "a predetermined price" are very similar. While "fixed price" emphasizes the immutability of the price during a transaction, "a predetermined price" stresses that the price was established beforehand, and may imply a formal agreement or arrangement.

What are some alternatives to "a predetermined price" in a business context?

In business, consider using more formal alternatives like "a stipulated price" or "an agreed-upon price". These phrases convey professionalism and clarity, especially in contractual settings.

When should I avoid using the phrase "a predetermined price"?

You might want to avoid "a predetermined price" in informal settings or when discussing flexible pricing arrangements. Phrases like "a set price" or "a preset rate" could be more appropriate depending on the scenario.