adequate price

USAGE SUMMARY

The phrase "adequate price" is correct and usable in written English.
It can be used when discussing a price that is considered sufficient or acceptable for a product or service. Example: "After reviewing the market, we determined that the adequate price for the new software should be set at $99."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

11 human-written examples

By October 1999, however, Blair felt that Mandelson had paid an adequate price for his mistake and returned him to the cabinet as Northern Ireland secretary.

Encyclopedia Britannica

One roadblock for renewable power in Japan has been the inability of producers to get an adequate price for their electricity on the market, where they must compete with cheaper power from coal, natural gas and nuclear power.

The New York Times

"We have throughout this process desired to engage in a constructive dialogue with Illumina's management, listen to its views of value and prospects, and offer a fair and adequate price to Illumina's shareholders," Severin Schwan, Roche's chief executive, said in a statement.

The New York Times

The advantages of this system include its lower irreversibility rate, low purchase, low installation and startup costs, and the adequate price of its generated electricity.

Journal of Cleaner Production

In the energy sector the uncertainty of future direction of changes in prices makes it difficult to include an adequate price vector in the design.

Energy Economics

But he said a premium to the prior trading price is not necessarily a fair price and a fair price is not necessarily an adequate price.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

44 human-written examples

"The question will be: Is anybody offering an adequate enough price for us to get out of the business and hand it over to the private sector?" he said.

The New York Times

To develop capital market solutions for longevity hedging strategies it is crucial that both hedgers (pension funds) as well as solution providers are able to quantify the longevity risk in the framework of a holistic risk management and to develop an adequate pricing approach.

Insurance: Mathematics and Economics

It means setting up the right incentives to favor, encourage, and promote innovation; and it means creating strong intellectual property and adequate pricing.

Huffington Post

The PDR has been used as a measure for treatment outcomes previously and psychometric properties have been found adequate (Chamberlain, Price, Reid, Landsverk, Fisher & Stoolmiller [ 12]).

Child and Adolescent Psychiatry and Mental Health

When trading volume, in relation to the volatility of the market, is adequate, it smoothes price movements, whether they are up or down.

The New York Times

Expert writing Tips

Best practice

When determining whether a price is "adequate", consider factors such as production costs, market conditions, and customer willingness to pay. Ensure the price balances profitability with customer satisfaction.

Common error

Avoid using "adequate price" and "fair price" interchangeably without considering the nuance. "Adequate price" simply means sufficient or acceptable, while "fair price" implies justice and equity, encompassing ethical considerations beyond mere sufficiency.

Linguistic Context

The phrase "adequate price" functions primarily as a noun phrase modifier, where the adjective "adequate" qualifies the noun "price". Ludwig AI examples showcase its use in various contexts, suggesting a price that is sufficient or acceptable for a particular transaction or situation.

Expression frequency: Common

Frequent in

News & Media

40%

Science

35%

Formal & Business

25%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "adequate price" is a common phrase used to describe a price that is sufficient or acceptable in a particular context. Ludwig AI confirms that this phrase is grammatically correct and widely used across various domains, including news, science, and business. While alternatives such as "fair price" or "reasonable price" exist, "adequate price" specifically emphasizes sufficiency rather than fairness or optimality. Understanding its specific connotation can help writers choose the most appropriate term to convey their intended meaning.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reasonable price

Emphasizes fairness and justification in the price.

fair price

Focuses on equity and justice in the price.

sufficient price

Highlights that the price is enough or satisfactory.

acceptable price

Indicates that the price meets minimum requirements or expectations.

appropriate price

Stresses the suitability of the price for the given situation.

suitable price

Similar to appropriate, emphasizing fitness for purpose.

decent price

Implies a price that is moderately good or satisfactory.

market price

Relates the price to prevailing market conditions.

competitive price

Highlights the price's standing relative to competitors.

good value

Shifts the focus to the overall benefit received for the price paid.

FAQs

What does "adequate price" mean?

An "adequate price" refers to a price that is sufficient or satisfactory for a particular product or service. It's a price that is deemed acceptable in a given context.

When is it appropriate to use the term "adequate price"?

The term "adequate price" is appropriate when you want to convey that a price is sufficient or meets the necessary requirements, without necessarily implying it's the best or most advantageous price. You can use alternatives like "reasonable price" or "fair price" depending on the context.

What are some alternatives to saying "adequate price"?

You can use alternatives like "reasonable price", "fair price", or "sufficient price" instead of "adequate price", depending on the specific connotation you want to convey.

How does "adequate price" differ from "fair price"?

While both terms suggest an acceptable price, "adequate price" focuses on sufficiency or acceptability, whereas "fair price" emphasizes equity and justice. A price can be adequate without necessarily being fair, and vice versa.