extreme price

USAGE SUMMARY

The phrase "extreme price" is correct and usable in written English.
It can be used to describe a price that is significantly higher or lower than what is considered normal or reasonable. Example: "The new smartphone is being sold at an extreme price, making it unaffordable for most consumers."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

Other doctors cite more extreme price disparities.

The New York Times

Oxygen storage is used in days with extreme price variability.

Energy

That latter component can trigger extreme price hikes.

Independent

"They paid an extreme price," Abdul-Jabbar said.

The New York Times - Sports

An Extreme Price To the Sports Editor: Re "Extreme Grief," March 6: I am a musician.

The New York Times - Sports

With conspicuous consumption the norm, extreme price escalation can well be expected.

The New York Times

China holds reserves of pork, both live animals and frozen meat, to help stabilize domestic prices during extreme price fluctuations.

The New York Times

All these factors have made countries that buy rice on the global market vulnerable to extreme price swings.

The New York Times

Put differently, the utilities were forced to procure their unmet needs on the spot market where extreme price volatility has been realized, especially in the past year.

University of California, Berkeley

In addition, rebidding behaviour by base-load generators immediately after extreme price events is shown to have negative impacts on the operation of the market.

Energy Economics

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

Many of these products will be introduced in time for the Chinese New Year's celebration early next year, says Kish. "They hope to be the next big thing in the VCD business in China and since they are entering at the extreme [price sensitive] low end of the market, they can differentiate themselves," says Jon Peddie, president of Jon Peddie Associates, a Tiburon, Calif.-based market research firm.

Forbes

Expert writing Tips

Best practice

When describing market dynamics, use "extreme price" to accurately convey significant deviations from typical pricing, helping to highlight volatility or unusual market conditions.

Common error

Avoid assuming that an "extreme price" indicates inherent value. Sometimes, an extreme price is a temporary anomaly caused by speculation, supply chain disruptions, or other transient factors.

Linguistic Context

The phrase "extreme price" functions as a noun phrase where the adjective "extreme" modifies the noun "price". It denotes a price that deviates significantly from the norm, often indicating unusual market conditions. Ludwig AI confirms that the phrase is valid and widely used.

Expression frequency: Very common

Frequent in

News & Media

48%

Science

30%

Formal & Business

12%

Less common in

Wiki

4%

Academia

3%

Reference

3%

Ludwig's WRAP-UP

The phrase "extreme price" is a common and grammatically correct way to describe a price that is significantly higher or lower than usual. Ludwig's analysis of numerous examples across diverse sources, including news, scientific publications, and business reports, indicates that it is most frequently used in the contexts of News & Media, Science and Formal & Business. While alternatives such as "exorbitant price" or "outrageous price" exist, "extreme price" provides a neutral and accurate description suitable for various audiences. When using this phrase, it's important to remember that an extreme price may not always reflect intrinsic value, as Ludwig AI explained. Be aware of temporary conditions like speculation or supply chain disruptions that affect the market.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

exorbitant price

Emphasizes the unreasonableness of the price, suggesting it's excessively high.

outrageous price

Highlights the shock or indignation caused by the high price.

prohibitive price

Focuses on the price preventing purchase due to its high cost.

excessive price

Indicates that the price is beyond what is considered normal or acceptable.

unreasonable price

Directly states that the price lacks justification.

inflated price

Suggests the price has been artificially increased.

sky-high price

Emphasizes the dramatic height of the price.

astronomical price

Implies the price is so high it's comparable to the vastness of astronomical figures.

premium price

Indicates a higher price due to superior quality or exclusivity.

punitive price

Suggests the price is intentionally set high as a form of penalty or discouragement.

FAQs

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

You can use "extreme price" to describe situations where prices are unusually high or low. For example: "The "extreme price" of gasoline during the shortage caused widespread concern."

What's a good alternative to "extreme price"?

Depending on the context, you could use alternatives like "exorbitant price", "outrageous price", or "prohibitive price" to convey a similar meaning.

Is it appropriate to use "extreme price" in formal writing?

Yes, "extreme price" is suitable for formal writing, particularly when discussing economic trends or market analyses. It accurately describes significant price deviations.

What causes an "extreme price"?

An "extreme price" can result from various factors, including supply chain disruptions, unexpected demand surges, speculative trading, or regulatory changes.