legitimate price

USAGE SUMMARY

The phrase "legitimate price" is correct and usable in written English.
It can be used when discussing pricing that is fair, reasonable, or justifiable in a given context, such as in business or commerce. Example: "After researching the market, I found that the legitimate price for this product is significantly lower than what the retailer is charging."

✓ Grammatically correct

News & Media

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

He understands, presumably, that such scrutiny is a legitimate price to pay to live in a society where legal rights are respected and enforced.

The New York Times

He confessed the line for a draw "should be higher" but expects it to stay where it is: "My risk on it right now is so considerable that I'm not willing to risk my employment to offer a more legitimate price".

The Guardian - Sport

We've seen it lower thanks to a Best Buy snafu and one website offering a one day rebate, but this might be the first legitimate price cut on the Pre.

TechCrunch

Even realizing that zero might be a legitimate price point for some customers (Aravind).

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

The subtle composition and the superb color scheme, which retains the lavender blues and the greens of Gauguin's Pont-Aven period, added to the scarcity of such works in the market, would have made an even higher price legitimate.

The New York Times - Arts

There are certainly legitimate reasons for price differences, but the result is that poorer families pay more for the same groceries.

Forbes

Piracy is cited, both in the article and in the comments, though the high price legitimate software may help explain this.

TechCrunch

They often begin by charging higher rates than Mr Yunus considers legitimate, but cut prices when their returns draw competitors a tough but theoretically more supple model.

The Economist

The Islamists, defined by their vision of a fundamentalist theocracy, exploited legitimate economic grievances: prices for staple foods, little employment for the educated.

The New York Times - Arts

Yeo, a senior Tory, said he feared Miliband's idea would discourage green investment, but he had raised legitimate issues about prices and profits in the energy industry.

The Guardian

It should be plain that, as Becerra contends, there's no "legitimate explanation" for price-fixing of this sort.

Los Angeles Times

Expert writing Tips

Best practice

When discussing pricing strategies, use "legitimate price" to assure customers that the cost aligns with the value and quality of the product or service.

Common error

Avoid implying that a "legitimate price" is automatically the cheapest option. Instead, emphasize that it represents fair value considering factors like quality, service, and ethical sourcing.

Linguistic Context

The phrase "legitimate price" functions as a noun phrase where the adjective "legitimate" modifies the noun "price". It specifies that the price is justifiable and conforms to accepted standards, suggesting fairness and ethical considerations. Ludwig AI confirms this interpretation.

Expression frequency: Rare

Frequent in

News & Media

60%

Formal & Business

30%

Wiki

10%

Less common in

Science

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The term "legitimate price" refers to a price that is fair, justifiable, and ethically sound, frequently used in the context of business and news reporting. According to Ludwig AI, the phrase is grammatically correct and suitable for use in written English. While synonyms such as "fair price" or "reasonable price" exist, "legitimate price" uniquely emphasizes the validity and ethical basis for the cost. When using this phrase, ensure it accurately represents a price that considers value, quality, and ethical sourcing rather than solely focusing on being the cheapest option. Though not exceptionally frequent, its consistent and logical application makes it a valuable term in discussions of pricing strategies.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

fair price

Focuses on equity and justice in pricing.

reasonable price

Emphasizes that the cost is appropriate and not excessive.

justifiable price

Highlights that there are valid reasons supporting the price.

valid price

Stresses the legal or official acceptance of the price.

market price

Refers to the prevailing price in the open market.

authentic price

Implies the price is genuine and not artificially inflated.

bona fide price

Uses a Latin term to denote good faith and authenticity in pricing.

warranted price

Indicates that the price is deserved or justified by the product's value.

official price

Highlights the price set by an authority or governing body.

acceptable price

Focuses on whether the price meets the buyer's or seller's expectations.

FAQs

What does "legitimate price" mean?

A "legitimate price" refers to a price that is fair, justifiable, and in accordance with market standards and ethical practices. It suggests transparency and honesty in pricing, reflecting the true value of a product or service.

What are some alternatives to saying "legitimate price"?

You can use alternatives like "fair price", "reasonable price", or "justifiable price" depending on the context.

How do you determine if a price is a "legitimate price"?

Determining a "legitimate price" involves researching market rates, considering production costs, assessing the value offered, and ensuring transparency in how the price is set. Comparing prices with competitors and evaluating customer perceptions can also help.

Is a "legitimate price" always the same as a "competitive price"?

Not necessarily. A "legitimate price" focuses on fairness and justification, while a "competitive price" focuses on matching or undercutting competitor prices. A "legitimate price" might be higher than a competitive one if it reflects superior quality or ethical production.