preceding price

USAGE SUMMARY

The phrase "preceding price" is correct and usable in written English.
It can be used to refer to a price that was mentioned or listed before the current context or statement. Example: "The preceding price for the product was $50, but it has now been reduced to $40."

✓ Grammatically correct

News & Media

Science

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

The RS line commonly precedes price action.

Forbes

However, in the 5-year period preceding this price reduction, the 2 largest donor agencies justified buying more than 8 million implants for approximately $20 each.

Global health, science and practice

It required that short sales take place a price above the immediately preceding price i.e., after an up-tick.

Forbes

The Securities and Exchange Board of India (SEBI) requires bidders to make an open offer at a price equivalent to the preceding 26- week average price or the two-week average price, whichever is higher.

Forbes

This study highlights the importance of environmental (e.g. drought and windy conditions) and human systems context (e.g. low commodity prices) preceding and following the disaster event.

Journal of Applied Volcanology

They note that out of 11 recessions in the United States since World War 2, ten were preceded by oil price spikes: "The increased price of oil leads to a sudden loss of demand (demand destruction) followed by a decrease in the price of oil (countering the initial increase that set this cycle in motion).

The Guardian

(This allowed short-sellers to sell even if there were no immediately preceding uptick in sales price, and is widely believed to have greatly increased downward volatility in markets).

The New York Times

The maximum dollar value that we will be permitted to put at any one time will be, at our option, either: (a) $100,000 or (b) 250% of the product of the average daily volume in the U.S. market of our common stock for the ten (10) trading days prior to the notice of our put, multiplied by the average of the ten (10) daily closing bid prices immediately preceding the date of the put notice.

TechCrunch

In Britain almost a quarter of takeover announcements in 2005 were preceded by suspicious price movements, according to the Financial Services Authority, the country's markets regulator.

The Economist

BP argues that the $1bn downsizing decision unveiled last month was taken following 18 months of planning, and preceded the current price slump – leaving it ahead of the game rather than disadvantaged to rivals.

The Guardian - Business

I suspect the preceding "magnificent" relates to the price: $1,500 a bottle.

The Guardian

Expert writing Tips

Best practice

When comparing current market values, clearly state the time frame for the "preceding price" to provide accurate context and avoid ambiguity. For instance, specify "preceding month" or "preceding year".

Common error

Avoid using "preceding price" without specifying the period it refers to. Without context, it's unclear what timeframe you're referencing, leading to potential misinterpretations. Always clarify the timeframe, such as "the preceding quarter" or "the preceding week".

Linguistic Context

The phrase "preceding price" functions as an adjective-noun combination, where "preceding" modifies "price". It specifies a price point that existed before the current one being discussed or referenced.

Expression frequency: Rare

Frequent in

News & Media

40%

Science

30%

Formal & Business

10%

Less common in

Wiki

5%

Academia

5%

Reference

5%

Ludwig's WRAP-UP

The phrase "preceding price" is grammatically correct and serves to indicate a price that occurred before the current one, enabling comparisons and trend analyses. While Ludwig AI confirms its validity, it is crucial to provide specific context, particularly regarding the timeframe, to avoid ambiguity. Alternatives like "previous price" or "earlier price" can be used, though the nuanced meaning may slightly shift. The phrase is most commonly used in news and media, as well as scientific contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

previous price

Replaces "preceding" with "previous", maintaining a direct synonym for temporal order.

earlier price

Substitutes "preceding" with "earlier", emphasizing a point further back in time.

prior price

Uses "prior" instead of "preceding", providing a formal alternative.

antecedent price

Employs "antecedent" for a more technical or formal tone.

price before

Reorders the phrase to emphasize the temporal sequence.

historical price

Focuses on the price as a point in historical data.

former price

Uses "former" to indicate the price is no longer current.

pre-existing price

Highlights that the price existed before a certain event or change.

price in the past

A more descriptive phrase indicating a price from an unspecified time ago.

outdated price

Indicates the price is no longer valid or accurate.

FAQs

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

You can use "preceding price" to compare it with a current price: "The current price is higher than the "preceding price", indicating an upward trend."

What's the difference between "preceding price" and "previous price"?

"Preceding price" and "previous price" are largely interchangeable. However, "preceding" may imply a more immediate sequence, while "previous" can refer to any earlier point.

What can I say instead of "preceding price"?

You can use alternatives like "earlier price", "prior price", or "historical price" depending on the context.

Is it always necessary to specify the time frame when using "preceding price"?

While not always grammatically required, specifying the time frame (e.g. "preceding month", "preceding year") is highly recommended for clarity and to avoid confusion about which "preceding price" you're referring to.