establish a price

USAGE SUMMARY

"establish a price" is grammatically correct and is commonly used in written English.
It means to determine or fix a particular cost or value for something. Example: The company will meet tomorrow to establish a price for their new product. The phrase can also be used in the context of negotiation or agreement between parties. Example: The two countries are working to establish a price for their trade deal.

✓ Grammatically correct

News & Media

Wiki

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

34 human-written examples

On the portfolio side, establish a price, or at least a floor on the price, of the troubled assets.

The Economist

In theory, limiting the supply of the pollution allowances helps to establish a price for the emission of carbon dioxide.

MIT Technology Review

Getting around * Taxis are easily found in Manger Square, but a little friendly bargaining may be necessary to establish a price.

Independent

Second, establish a price on carbon via either a tax or a cap-and-trade program to encourage low-carbon technologies.

The New York Times

The drug benefit would still be delivered by private entities, and the government could not establish a price list or a uniform list of covered drugs.

The New York Times

He said the milk would be available in most stores as a premium product, but said it was too early to establish a price.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

26 human-written examples

The Act to Establish Fairer Prescription Drug Prices would immediately establish a pricing board to set suggested lower prices.

The New York Times

"We need to establish a pricing system that works in the best interest of the country as a whole.

The New York Times

(Ms. Davis has not established a price tag for her proposed legislation).

The New York Times

"Establishing a price floor would be a more feasible target, implying a lower cut announcement than expected," he added.

The Guardian - Business

The law also established a "price to beat" system, modeled partly after Pennsylvania's, that will automatically reduce by 6percentthehe prices that existing utilities can charge.

The New York Times

Expert writing Tips

Best practice

In business contexts, "establish a price" implies a strategic decision-making process to determine the best value for a product or service considering market conditions and profit margins.

Common error

Avoid using "establish a price" when simply stating an existing price. The phrase implies an active process of determining or setting the price, not just mentioning a pre-existing value.

Linguistic Context

The phrase "establish a price" functions primarily as a verb phrase. It denotes the action of setting or determining the monetary value of a good or service. Ludwig AI validates this usage through numerous examples across diverse contexts.

Expression frequency: Common

Frequent in

News & Media

60%

Formal & Business

20%

Wiki

10%

Less common in

Science

5%

Academia

3%

Encyclopedias

2%

Ludwig's WRAP-UP

In summary, "establish a price" is a grammatically correct and commonly used phrase that signifies the act of setting or determining the cost of something. Ludwig AI confirms its validity through various examples from authoritative sources like the The New York Times and The Economist. The phrase is versatile, fitting into news, business, and general contexts, although it carries a neutral to professional tone. Related phrases such as ""set a price"" and ""determine a price"" offer similar meanings with slight nuances. When using this phrase, ensure it accurately reflects the active process of setting a price rather than simply stating an existing one. Avoid using "establish a price" when merely referencing a pre-existing price; it implies an active determination process.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

set a price

Focuses on the action of fixing a price.

determine a price

Emphasizes the process of finding a suitable price.

fix a price

Highlights the act of making the price stable or unchangeable.

define a price

Stresses the clarification and specification of the price.

agree on a price

Highlights mutual consent on a price.

decide on a price

Focuses on the decision-making aspect of pricing.

name a price

Highlights the act of stating the price.

quote a price

Emphasizes providing a price to a potential buyer.

assign a price

Highlights the act of allocating a value to something.

formulate a price

Focuses on the creation or development of a pricing strategy.

FAQs

What does "establish a price" mean?

The phrase "establish a price" means to set, determine, or fix the cost or value of something, often through a deliberate process or negotiation.

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

You can use "establish a price" in sentences such as: "The company needs to "determine a price" for its new product line," or "The government aims to "set a price" on carbon emissions."

What are some alternatives to "establish a price"?

Alternatives to "establish a price" include ""set a price"", ""determine a price"", or "fix a price", each with slightly different nuances.

Is it better to "establish a price" or "set a price"?

Both "establish a price" and ""set a price"" are correct, but "establish" implies a more deliberate and formal process of determining the price, whereas "set" is more general.