approximate price

USAGE SUMMARY

The phrase "approximate price" is correct and usable in written English.
It can be used when you want to provide a rough estimate of the cost of an item or service. Example: "The approximate price for the new software is around $200."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

19 human-written examples

There are approximately 11 million bitcoins in circulation at present, and with a current approximate price of over $100 per bitcoin, even after the seizure of the Dwolla account, the total value of the currency has surpassed the $1 billion mark.

Huffington Post

In a sign that the young inventor is a quick learner, Luckey declined to offer an approximate price for the company's forthcoming Touch controllers: "No more ballparks for now.

The Guardian - Tech

Music for Survivors What's $4 -- or the approximate price of a gallon of premium gas -- for all-day music, especially when that money is going to help victims of Hurricane Katrina?

The New York Times

In a brief interview with voiceofsandiego.org, Mr. Manchester, an outspoken supporter of conservative causes, confirmed the approximate price, adding that "the asking price was a lot higher than that".

The New York Times

Just as they can do for new cars and trucks, Web surfers can enter the color, body style, options and approximate price they would like to pay for used vehicles, along with their ZIP codes, and find dealers in their areas with vehicles that match their criteria.

The New York Times

Despite the approximate price tag of £1,000, demand far exceeded supply, adding further to its appeal, and when Mouret himself announced last month that he was leaving his label, the dress took on collector's item status, culminating in it being dubbed dress of the year or, as most fashion magazines had it, That Dress.

The Guardian - Lifestyle

Human-verified similar examples from authoritative sources

Similar Expressions

41 human-written examples

Here are some of the models that collectors desire most, with approximate prices for excellent examples whose authenticity is established: 1967 CAMARO CONVERTIBLE INDY 500 PACE CAR -- The Camaro paced the Brickyard field in its inaugural year.

The New York Times

It mentions several specific vendors and products by name, and quotes some approximate prices.

So You Wanna Be an Embedded Engineer The Guide to Embedded Engineering, from Consultancy to the Corporate Ladder

To determine initial investment, approximate prices of equipment needed were used to implement the measure and which were supplied by several commercial brands in Portugal.

International Journal of Energy and Environmental Engineering

Create a list of approximate prices you will need to charge for your services.

WikiHow

In a brief interview with a reporter for Voice of San Diego, a nonprofit news organization, Mr. Manchester, who goes by the nickname Papa Doug and has been a supporter of conservative causes, confirmed the approximate purchase price, adding that "the asking price was a lot higher than that".

The New York Times

Expert writing Tips

Best practice

Combine "approximate price" with a qualifier such as "estimated" or "around" to further emphasize the inexact nature of the figure.

Common error

Avoid presenting an "approximate price" as a definitive or final price. Always communicate the possibility of variations due to market conditions, negotiation, or other factors to manage expectations effectively.

Linguistic Context

The phrase "approximate price" functions as a noun phrase, where the adjective "approximate" modifies the noun "price". According to Ludwig AI, the phrase is grammatically correct. The examples show it used to indicate a non-exact or estimated cost.

Expression frequency: Common

Frequent in

News & Media

40%

Science

32%

Wiki

28%

Less common in

Formal & Business

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "approximate price" is a common and grammatically sound way to indicate an estimated cost. Ludwig AI confirms its correct usage across varied sources such as news, science, and general knowledge platforms. When using "approximate price", it's crucial to set clear expectations that the final cost may differ. Alternatives such as "estimated price" or "rough cost" can be used for variety, but the core meaning remains consistent: the given price is not exact.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

approximate cost

Synonymous, simply using 'cost' instead of 'price'.

estimated price

Indicates a calculated guess of the price, similar to approximate but implies more calculation.

rough cost

Focuses on the cost aspect and suggests a lack of precision in the pricing.

ballpark figure

An idiom for a very general estimate, typically used informally.

indicative price

Highlights that the price is an indicator and subject to change.

preliminary cost

Suggests the cost is in the early stages of determination.

quoted price

Implies that a price has been given, but might not be final.

expected price range

Focuses on the range within which the price is likely to fall.

projected price

Suggests a forecast of what the price will be.

tentative price

Implies the price is subject to change and not yet confirmed.

FAQs

How can I use "approximate price" in a sentence?

You can use "approximate price" when you want to give an estimated cost. For example: "The "approximate price" for the repair is $500".

What's the difference between "approximate price" and "estimated price"?

"Approximate price" and "estimated price" are very similar. "Estimated price" might imply a slightly more careful calculation, but they're often interchangeable.

What can I say instead of "approximate price"?

You can use alternatives like "rough cost", "ballpark figure", or "indicative price" depending on the context.

When is it appropriate to use "approximate price"?

It's appropriate to use "approximate price" when you need to provide a general idea of the cost but cannot give an exact figure due to uncertainty or variability.