price adjustment

USAGE SUMMARY

"price adjustment" is a correct and usable phrase in written English.
For example, you could say "The store offered a price adjustment due to my dissatisfaction with the item."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

58 human-written examples

Secondly, the trend of the international crude oil price is needed for our country's refined oil price adjustment.

Petroleum Science

Advantages and disadvantages of the Lump Sum (or Fixed Fee) contract are examined including the Lump Sum Contract with Price Adjustment.

Handbook of Green Building Design and Construction LEED, BREEAM, and Green Globes

Tim Cook then went back into the Apple TV, announcing 25 million sold, and announcement a price adjustment that brings the Apple TV down to $69.

TechCrunch

However, potential underestimation of disease costs averted was minimized through the relevant price adjustment in comparison to DALY estimates.

Cost Effectiveness and Resource Allocation

A positive deviation beyond the level agreed (confidential and individual between each pharmaceutical company and the Department of Health) would lead to a price adjustment down to achieve the target cost effectiveness.

BMJ Open

But the two companies have fought over a purchase price adjustment in the deal and the Washington Group, formerly known as Morrison Knudsen, abandoned the projects last month.

The New York Times

The nominal wage adjustment (price adjustment) function determines that wages adjust to any (ex-ante) excess demand or supply in the labor market.

Journal of Economic Structures

Perhaps the huge amount of tablets announced at CES has something to do with the price adjustment.

TechCrunch

The obtained scheduling strategy obtained at the current iteration is utilized to adjust the prices used in the next iteration and the price adjustment is computed by (26).

EURASIP Journal on Wireless Communications and Networking

The 2006 to 2003 price adjustment was done using the inflation, GDP deflators for the years 2003, and 2004, obtained from the World Bank World Development Indicators 2006 [ 20].

Globalization and Health

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

Price Adjustment Leeway.

TechCrunch

Expert writing Tips

Best practice

When discussing contract terms, clearly define the conditions under which a "price adjustment" can be triggered to avoid disputes.

Common error

Avoid ambiguity by specifying precise, measurable criteria for any "price adjustment". Vague language can lead to disagreements and legal challenges.

Linguistic Context

The phrase "price adjustment" functions primarily as a noun phrase, often serving as the subject or object of a sentence. It refers to the act or process of changing a price. As Ludwig AI indicates, this phrase is correct and usable in written English.

Expression frequency: Very common

Frequent in

Science

36%

News & Media

53%

Formal & Business

11%

Less common in

Wiki

0.01%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "price adjustment" is a common and grammatically sound noun phrase used to describe changes in the cost of goods or services. Ludwig AI confirms its usability. It's frequently found in science and news articles and formal business contexts. When using the phrase, clearly define trigger conditions to avoid ambiguity. Consider alternatives like "price modification" or "rate adjustment" depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price modification

Focuses on the act of changing the price, similar to adjusting it.

price adaptation

Suggests a change in price to suit new conditions.

price adaption

Similar to price adaptation, this phrase highlights fitting the price to circumstances.

rate adjustment

Specifically refers to adjustments in rates, such as interest rates or insurance rates.

cost adjustment

Broader term encompassing changes to costs, not exclusively prices.

fare adjustment

Refers specifically to changes in transportation fares.

inflation adjustment

Specifically refers to adjusting values to account for inflation.

premium adjustment

Specifically refers to an adjustment in the amount of the premium.

supply adjustment

Describes the process of changing the amount of something that is offered.

acquisition adjustment

Specifically relates to adjustments made in the context of business acquisitions.

FAQs

How is "price adjustment" typically used in contracts?

In contracts, a "price adjustment" clause allows for changes in the agreed-upon price based on predefined factors such as inflation, material costs, or currency fluctuations.

What is the difference between "price adjustment" and price matching?

"Price adjustment" usually refers to getting a refund if a retailer lowers its price after you've already bought an item. Price matching is when a retailer offers a lower price to match a competitor's current price.

When might a company offer a "price adjustment"?

A company might offer a "price adjustment" as a customer service gesture, to match a competitor's price, or if there's been a significant drop in the cost of materials used to produce the item.

What are some alternatives to the term "price adjustment"?

Depending on the context, you can use alternatives like "price modification", "rate adjustment", or "cost adjustment".