previous price

USAGE SUMMARY

The phrase "previous price" is correct and usable in written English.
It can be used when referring to a price that was in effect before a current or new price was established. Example: "The previous price of the product was $50, but it has now been reduced to $40."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

The company had absorbed the previous price rises rather than passing them on to consumers.

The Guardian - Business

Ten months later, it was flipped for close to its previous price.

The New York Times - Magazine

Shares can be sold short, the rule says, only if the previous price move was upwards.

The Economist

Perhaps they inquired about the previous price set at Sotheby's New York in 2008, $2.28 million, roughly £1.1 million.

The New York Times - Arts

The new figures are likely to be even sharper than the OECD's previous price comparison published four years ago.

The Economist

Previous price rises, caused by weaker sterling and an increase in value-added tax, continue to chill consumption.

The Economist

The chief executive, Thomas J. Falk, said that previous price increases to offset higher energy and input costs had not kept up with the rise in commodities.

The New York Times

"The shares he had to make available for philanthropy don't go as far as they did at previous price levels," said Michael V. Finley, president of the foundation.

The New York Times

But Mr. Duisenberg warned that the path ahead would be "a bumpy one" and repeated his concern about "secondary effects" of the previous price increases.

The New York Times

Another possibility would be to introduce a rule similar to America's "uptick" law which allows short selling only when the previous price movement was up.

Independent

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

Previous price-war cycles have raised the question of how long AMD can survive, and the same questions are being asked about AMD this time.

Forbes

Expert writing Tips

Best practice

When comparing prices over time, specify the period to which the "previous price" refers (e.g., "the previous price in 2024").

Common error

Avoid using "previous price" when you actually mean the current or most recent price. Ensure clarity by verifying you are indeed referring to a past price.

Linguistic Context

The phrase "previous price" functions as a noun phrase, typically used as an adjective modifying another noun. It denotes a price that existed at an earlier point in time. As shown in the examples, Ludwig AI indicates it's commonly used.

Expression frequency: Very common

Frequent in

News & Media

62%

Science

20%

Formal & Business

9%

Less common in

Wiki

5%

Science & Research

3%

TechCrunch

1%

Ludwig's WRAP-UP

In summary, "previous price" is a commonly used noun phrase that refers to a price that was in effect before a current or new price. As confirmed by Ludwig AI, it is grammatically correct and frequently found in various contexts, particularly in news, science, and formal business settings. When using this phrase, ensure you're clearly referencing a past price and specify the relevant time frame for accurate comparison. Consider alternatives like "former price" or "prior price" to add variety to your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

former price

Replaces "previous" with "former", indicating a price that existed at an earlier time.

prior price

Substitutes "previous" with "prior", emphasizing the price that came before the current one.

past price

Uses "past" instead of "previous" to denote a price from an earlier period.

earlier price

Employs "earlier" to highlight that the price was in effect at a prior time.

original price

Indicates the initial price before any changes or discounts.

initial price

Similar to "original price", referring to the starting price.

historical price

Suggests a price that is recorded or remembered from the past.

going rate before

Describes the standard price before a specific event or change.

price at that time

Refers to the price during a specific period in the past.

then-current price

Highlights the price that was in effect at a certain point in time.

FAQs

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

You can use "previous price" to compare costs over time, as in, "The new model sells for less than the "previous price" of the older model".

What is a good alternative to "previous price"?

Depending on the context, consider using alternatives such as "former price", "prior price", or "past price".

Is it correct to say "the price before" instead of "previous price"?

While "the price before" is understandable, ""previous price"" is more concise and commonly used in formal writing.

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

"Previous price" refers to the price immediately before a change, while "original price" indicates the very first price at which something was offered.