price

USAGE SUMMARY

The phrase "price" is correct and usable in written English.
It can be used when referring to the cost of an item or service. Example: "The price of the new smartphone is higher than last year's model."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

But at what price?

The New York Times

It benefited from Amec's positivity on the oil and gas sector, and also from news that Nomura had moved from reduce to neutral and raised its price target on Weir from £14 to £18.50.

The Guardian - Business

We reiterate our buy stance and target price of £12.50.

The Guardian - Business

"Our energy market reforms are about making the market more competitive, but also recognising that not just consumers but also businesses have been paying too much for their bills, and we're introducing a temporary price freeze to help consumers.

The Guardian - Money

Searching for savings at the end of its term in government, Labor said it was indefinitely deferring the already legislated changes because the floating carbon price was forecast to be far lower than originally calculated and families did not need as much compensation.

The Guardian

"I have also heard that others are expecting the exact opposite and are hoping that I will deliver the clear and simple message here in London that the rest of Europe is not prepared to pay almost any price to keep Britain in the EU.

The Guardian

That flight is only about half the price ($186), despite its being more than double the distance.

The New York Times - Magazine

"Plunkett has paid a heavy price for putting his own interests above the integrity of the market and Barclays customerr.

The Guardian - Business

A small price for the hub of our community.

The Guardian - Books

His interviewer duly bet him €50 at that price.

The Guardian - Sport

Upstream capital spending edged lower last year, falling to $147.4bn as companies reacted to the surprise fall in the oil price, the first dip in upstream investments in at least nine years.

The Guardian

Expert writing Tips

Best practice

When discussing product value, clearly state the "price" alongside the benefits to justify the cost.

Common error

Don't use "price" and "value" interchangeably. "Price" refers to the monetary cost, while "value" encompasses the perceived worth or benefit.

Linguistic Context

The word "price" primarily functions as a noun, referring to the amount of money required to purchase something. It can also function as a verb, meaning to determine the monetary value of something. Ludwig AI confirms its correct usage.

Expression frequency: Very common

Frequent in

News & Media

50%

Formal & Business

30%

Science

20%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The term "price" is a versatile word used mainly as a noun to denote the monetary cost of something. According to Ludwig, it's grammatically correct and frequently appears in news, business, and general discussions. When writing, remember to clearly state the "price" when presenting the value of goods or services. Avoid interchanging "price" with "value", as they represent different aspects of worth. Semantically related words include "cost", "charge", and "fee".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Cost

Refers specifically to the amount of money required to purchase something.

Charge

Implies a fee for services rendered or goods provided.

Fee

Usually applies to professional services or access to something.

Rate

Often used for services calculated over time, like hourly or daily rates.

Fare

Specifically relates to the cost of transportation.

Expense

Broader term encompassing any outlay of money.

Tariff

Usually refers to a duty or tax on imported or exported goods.

Valuation

Focuses on assessing the worth of an item or asset.

Market value

Refers to the current price at which something can be sold.

Monetary value

Emphasizes the value of something in terms of money.

FAQs

How do I use "price" in a sentence?

You can use "price" to refer to the cost of something, as in, "The "price of gasoline" is increasing" or to ask about the cost, like "What is the "price of the item"?".

What can I say instead of "price"?

Alternatives include "cost", "charge", "fee", or "rate", depending on the specific context.

Which is correct, "price" or "pricing"?

"Price" is a noun referring to the amount of money something costs. "Pricing" is a verb, referring to the act of setting the price. For example, "The price is high" versus "They are pricing the product competitively".

What's the difference between "price" and "value"?

"Price" is the amount of money required to obtain something. "Value" is the perceived worth, benefit, or importance of something. Something can have a high value but a low "low price", or vice versa.