indicative price

USAGE SUMMARY

"indicative price" is correct and usable in written English.
It is used to refer to the approximate value of an item as a way of indicating its cost or range of cost. For example, "The indicative price for the car was $20,000."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

16 human-written examples

The indicative price is around 15-20% yield.

The Guardian - Business

"If the indicative price was set at 12.75 euros, you would expect management to negotiate for a higher price".

The New York Times

Pets at Home's is trading below its issue price of 245p, currently trading around 232p but still in the indicative price range set out by the company.

The Guardian - Business

Nonetheless, OpenTable's underwriters were confident enough to raise the deal's indicative price by as much as 50percentt on Tuesday night.

The New York Times

The company priced the deal at 4.53 Hong Kong dollars, or 58 American cents a share, which is at the bottom end of the indicative price range.

The New York Times

Carlsberg and Heineken were forced to raise their indicative price three times after an initial approach at 720p a share in October was summarily dismissed as "unsolicited and unwelcome".

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

43 human-written examples

It appears that these were hard prices based on real-world transactions, not indicative prices.

The New York Times

Both can search for flight itineraries and give you a useful steer on available options and indicative prices.

The Guardian - Travel

When markets dry up in times of stress, the indicative prices may be far removed from the actual trading prices.

The New York Times

In addition, they might argue that rival banks deliberately moved their indicative prices in a direction that would make the JPMorgan traders' losses larger.

The New York Times

The machinery for a buyout is already in motion, as the computer company set indicative pricing on a $5.5 billion loan to finance the deal, Reuters reported on Wednesday.

The New York Times

Expert writing Tips

Best practice

In real estate, clarify that an "indicative price" is not a formal offer but a guide to potential buyers.

Common error

Avoid presenting the "indicative price" as a guaranteed or fixed value. Always emphasize that it is subject to market fluctuations, negotiations, or further assessments.

Linguistic Context

The phrase "indicative price" functions as a noun phrase, where "indicative" modifies the noun "price". It specifies the nature of the price as being an estimate or suggestion, rather than a fixed value. Ludwig examples show it used in financial contexts like IPOs and debt swaps.

Expression frequency: Common

Frequent in

News & Media

62%

Science

21%

Formal & Business

17%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "indicative price" is a common and grammatically correct term used to denote an estimated or suggested value, as confirmed by Ludwig AI. Predominantly found in News & Media, Science, and Formal & Business contexts, it serves to provide an initial valuation while acknowledging that the final price may vary. When writing, remember that an "indicative price" is not a guaranteed value. To improve clarity, you can use synonyms such as "estimated price" or "suggested price" depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

estimated price

Replaces "indicative" with "estimated", implying an approximate calculation.

suggested price

Substitutes "indicative" with "suggested", indicating a recommended value.

approximate price

Uses "approximate" instead of "indicative", conveying a similar sense of estimation.

preliminary price

Replaces "indicative" with "preliminary", suggesting a value that may change.

target price

Indicates a price level intended to be achieved.

quoted price

Implies a price provided as an information.

notional price

Uses a synonym for "indicative", referring to a theoretical price.

rough price

Indicates an imprecise price, typically a wide estimate.

ballpark price

Suggests a general price range.

reference price

Uses "reference" instead of "indicative", referring to a standard price for comparison.

FAQs

How is an "indicative price" used in finance?

In finance, an "indicative price" is often used during initial public offerings (IPOs) or bond offerings to provide a preliminary estimate of the security's value. It helps gauge investor interest before the final pricing is determined.

What's the difference between an "indicative price" and a firm price?

An "indicative price" is an estimated or suggested value, subject to change based on market conditions or negotiations. A firm price, on the other hand, is a fixed and binding offer, representing the final cost.

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

Use "indicative price" when you want to convey that a price is not final and is subject to change. It is commonly used in preliminary discussions, forecasts, or when providing initial estimates.

What are some alternatives to "indicative price"?

You can use alternatives like "estimated price", "suggested price", or "approximate price" to convey a similar meaning, depending on the context.