modified price

USAGE SUMMARY

The phrase "modified price" is correct and usable in written English.
It can be used when referring to a price that has been changed or adjusted from its original amount. Example: "After reviewing the costs, we have decided to offer a modified price for our services to better accommodate our clients."

✓ Grammatically correct

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

He devised a modified price-to-earnings ratio for shares which used a rolling ten-year average of earnings instead of current earnings.

The Economist

"We want to investigate whether firms use data to modify prices offered to consumers, if this is harmful, where the boundaries of acceptable conduct are, and if consumer protection legislation is being breached," the agency said in a statement last week.

The New York Times

Thus we model price development as a combination of link price processes modified by prices for equivalent QoS routes.

Computer Networks

"A monthly pass costs 9500HUF (about 30EUR) and he modified the price to 50HUF," wrote Laszlo Marai in his post on the attack.

TechCrunch

To those hunting for bargains, street becomes an attributive noun modifying price, meaning "what it actually is selling for, no matter what the price tag says".

The New York Times - Magazine

According to Equilar, which collected data for The New York Times on companies' repricing activities, at least 25 companies modified option prices in the first three months of the year, either directly or indirectly by allowing employees to exchange options for new ones with lower exercise prices.

The New York Times

Told that several commission members said they expected the modified congestion pricing plan to emerge as the commission's recommendation, Mr. Shaw said, "I think that you're hearing an accurate rendition of how people have responded thus far to the various options".

The New York Times

The company slightly modified the pricing structure for its warehouse plans to include support for up to three additional data sources for a fixed fee.

TechCrunch

We explain why a sufficiently high threshold level for awarding the unrestricted license is essential to induce truth-telling, show that the innovator generally benefits from the proposed mechanism, and derive conditions for implementability by a modified second-price auction.

Games and Economic Behavior

Others are modifying the price adjustment based on the seniority of the employee holding the option.

The New York Times

Some of the strongest controls on resale prices are being imposed in Nassau County by the Town of Oyster Bay, although the town is in the process of modifying its price restrictions.

The New York Times

Expert writing Tips

Best practice

When using "modified price", clearly specify the reason for the modification to avoid ambiguity. For example, "modified price due to seasonal demand".

Common error

Avoid simply stating "modified price" without indicating the original price or the reason for the change. Provide context to ensure clarity and prevent misunderstandings.

Linguistic Context

The phrase "modified price" functions as a noun phrase where the adjective "modified" describes the type of "price". It indicates that the price has undergone some form of alteration or change from its original state. According to Ludwig AI, the phrase is correct and usable in written English.

Expression frequency: Missing

Frequent in

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News & Media

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Formal & Business

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Less common in

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Ludwig's WRAP-UP

In summary, "modified price" signifies a price that has been altered from its original value. While grammatically sound, the phrase lacks specific examples within the provided data. Ludwig AI confirms its usability, and related terms like "adjusted price" or "revised price" can serve as alternatives depending on the context. For optimal clarity, always specify the reason for the modification. The phrase finds common ground in neutral to professional communications, particularly in business and retail environments.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Adjusted price

Indicates a price that has been altered, typically to reflect changes in market conditions or costs. Shares a high degree of semantic similarity with the query.

Revised price

Implies a more formal or significant change to the price, often after a review or negotiation.

Amended price

Suggests a slight alteration to correct an error or oversight in the original pricing.

Discounted price

Refers to a price that has been reduced, often temporarily, as part of a promotion or sale.

Reduced price

A general term for a price that is lower than the original, without specifying the reason for the reduction.

New price

A simple and direct way to indicate a change in price, without specifying the nature of the modification.

Updated price

Suggests that the price has been changed to reflect the most current market conditions or information.

Varied price

Indicates that the price fluctuates or is subject to change depending on various factors.

Price alteration

A more formal or technical term for a change in price.

Price adjustment

Similar to "adjusted price", but emphasizes the act of making the change rather than the result.

FAQs

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

You might say, "The company offered a "modified price" to retain the customer" or "We are offering a "modified price" for bulk orders".

What's a synonym for "modified price"?

Alternatives include "adjusted price", "revised price", or "discounted price", depending on the specific context.

Is it better to say "modified price" or "adjusted price"?

Both "modified price" and "adjusted price" are correct, but "adjusted price" might be slightly more common in business contexts. The best choice depends on the specific nuance you want to convey.

What's the difference between "modified price" and "discounted price"?

"Modified price" is a general term for a changed price, while "discounted price" specifically means a price that has been reduced, typically for a limited time or under certain conditions.