favourable price

USAGE SUMMARY

The phrase "favourable price" is correct and usable in written English.
It can be used when discussing pricing that is advantageous or beneficial, often in a commercial or negotiation context. Example: "The supplier offered us a favourable price for bulk orders, which will help us reduce our overall costs."

✓ Grammatically correct

News & Media

Science

Encyclopedias

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

11 human-written examples

But they hate it more when companies "reprice" options (cancel them and reissue them at a lower, more favourable price).

The Economist

Grown mainly in the eastern highlands between Vumba and Mount Silinda, Zimbabwe's coffees are premium mild arabicas that command a favourable price on the world market.

Britannica

The high values of the magnetic induction obtained together with favourable price are sufficient reasons for the employment of this type of magnetic circuit in various applications.

Journal of Magnetism and Magnetic Materials

The trend was toward giant machines for mass production, giving a favourable price for cases in which 100,000 or more copies were needed.

Encyclopedia Britannica

The national fundraising charity for art said in a statement: "By mounting a public appeal at this critical point, the Art Fund had aimed to ensure that this masterpiece could be acquired by a UK public collection, and at a favourable price: net of tax the price had been agreed at [about] £22.5m.

The Guardian - Arts

The architecture and the custom chip are optimized for Lattice QCD (LQCD) calculations but the favourable price performance ratio and the good efficiency for other kind of calculations make it a quite interesting tool for a large class of scientific problems.

Nuclear Physics B - Proceedings Supplements

Human-verified similar examples from authoritative sources

Similar Expressions

49 human-written examples

Firms granting share options to employees stand accused of picking dates with particularly favourable prices.

The Economist

Its richly fertile soil has attracted foreign and domestic investors who have leased large tracts of land at favourable prices.

The Guardian

Companies sometimes issue bonds or preferred stock that give holders the option of converting them into common stock or of purchasing stock at favourable prices.

Encyclopedia Britannica

Less binding impediments to foreign bank ownership and entry are generally associated with more favourable prices for customers and more access to credit ("good").

The Economist

By passing on shares at favourable prices in order to gain business later, investment bankers were not acting in their current clients' best interest, because they were not getting the highest possible price for the shares.

The Economist

Expert writing Tips

Best practice

When negotiating, use "favourable price" to highlight that the price benefits you or your organization. For instance, "We secured a "favourable price" on the contract, saving the company 10%."

Common error

Avoid using "favourable price" when the price is low at the expense of quality or ethical considerations. "Favourable" implies a win-win scenario, not exploitation.

Linguistic Context

The phrase "favourable price" functions primarily as a noun phrase, where the adjective "favourable" modifies the noun "price". This combination is used to describe a cost that is beneficial or advantageous to the buyer or seller. Ludwig AI confirms its grammatical correctness and usability.

Expression frequency: Common

Frequent in

News & Media

30%

Science

27%

Encyclopedias

15%

Less common in

Formal & Business

15%

Wiki

13%

Reference

0%

Ludwig's WRAP-UP

The phrase "favourable price" is a grammatically sound and commonly used term to describe a cost that is advantageous or beneficial. Ludwig AI confirms its acceptability and provides examples across various domains. It is most frequently used in News & Media and Scientific contexts, indicating a neutral register suitable for professional and commercial communications. When using this phrase, ensure it reflects a win-win scenario rather than a price achieved through unethical compromises. Alternatives such as "advantageous price" or "competitive price" may be used depending on the specific nuance you wish to convey.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Advantageous price

Replaces "favourable" with a synonym that emphasizes the benefit.

Competitive price

Focuses on how the price compares to others in the market.

Bargain price

Suggests a price that is lower than expected.

Reasonable price

Implies a price that is fair and justifiable.

Discounted price

Highlights a reduction from the original price.

Special offer price

Emphasizes that the price is part of a limited-time promotion.

Attractive price

Indicates that the price is appealing to customers.

Good value

Shifts the focus to the relationship between price and quality.

Affordable price

Highlights that the price is within reach for most people.

Reduced rate

Refers to a lowered or decreased cost, often in service contexts.

FAQs

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

You can use "favourable price" when talking about advantageous costs, such as, "We obtained a "favourable price" due to our long-term relationship with the supplier."

What are some alternatives to "favourable price"?

Alternatives include "advantageous price", "competitive price", or "reasonable price", depending on the specific context.

Is it correct to say "a more favourable price"?

Yes, it is correct. The word "more" can be used to compare different prices, indicating one is more advantageous than another, like, "We were offered a more "favourable price" by their competitor."

What is the difference between "favourable price" and "best price"?

"Favourable price" suggests a price that is generally advantageous, while "best price" implies the absolute lowest or most optimal price achievable.