price discrepancy

USAGE SUMMARY

'price discrepancy' is a correct and usable phrase in written English.
You can use it when referring to a difference in price between two items, services, etc. For example: "A price discrepancy of ten percent was found between two identical items at different retailers."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

32 human-written examples

FINANCIAL TIMES   Price Discrepancy Inside JPMorgan?

The New York Times

"Now that price discrepancy isn't so great".

The New York Times

There's also a high price discrepancy between chemists".

The Guardian

I was feeling rather smug until Ms. Le Vine pointed out a potential price discrepancy I had not considered.

The New York Times - Tech

The only evidence that something has changed in the market was the price discrepancy observed on the stands of some well-known dealers.

The New York Times

In three Gristedes stores it inspected, for instance, the average price discrepancy was $1.18, while at Key Food it was 20 cents and 12 cents at C-Town.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

28 human-written examples

Sometimes this throws up price discrepancies.

The Guardian - Travel

He exploited price discrepancies and piled leverage into his trades.

The New York Times

Opinions differ on the reasons for these sort of price discrepancies.

The New York Times

Sometimes, even where products are marketed as unisex, price discrepancies remain.

The Guardian - Lifestyle

While some called price discrepancies grossly unfair, others said the gender gap made sense.

The New York Times

Expert writing Tips

Best practice

When discussing "price discrepancy", be specific about the items or services being compared, the source of the prices, and the magnitude of the difference to provide clear and actionable information.

Common error

Avoid automatically assuming that a "price discrepancy" is due to malice or error. Investigate potential legitimate reasons such as sales, promotions, or different product versions before drawing conclusions.

Linguistic Context

The phrase "price discrepancy" functions as a noun phrase, typically serving as the subject or object of a sentence. It denotes a difference in price that often raises questions of fairness or accuracy, as supported by Ludwig examples.

Expression frequency: Very common

Frequent in

News & Media

50%

Academia

20%

Science

15%

Less common in

Encyclopedias

5%

Wiki

5%

Formal & Business

5%

Ludwig's WRAP-UP

The phrase "price discrepancy" is a common and grammatically sound way to describe a difference in price, often implying an inconsistency that warrants further examination. As Ludwig AI confirms, the phrase is used correctly and frequently in various contexts, particularly in news, academic, and scientific writing. While alternatives like "price difference" exist, "price discrepancy" carries a slightly stronger connotation of something being amiss. When using the phrase, ensure clarity by specifying the items or services involved and investigating potential reasons for the difference. By avoiding assumptions and being precise, you can effectively communicate about "price discrepancy" in a variety of situations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price difference

Focuses on the numerical difference between two prices, without necessarily implying an inconsistency or problem.

pricing disparity

Suggests a more significant and potentially unfair difference in pricing, often across different groups or regions.

price variation

Implies a normal range of price differences due to market factors or other legitimate reasons.

cost differential

Highlights the difference in cost, often used in a business or economic context.

price gap

Emphasizes the separation or distance between two price points.

market imbalance

Suggests a broader economic condition where supply and demand are not in equilibrium, leading to price distortions.

arbitrage opportunity

Refers specifically to a situation where a price difference can be exploited for profit by buying and selling the same asset in different markets.

differential pricing

Describes a deliberate strategy of charging different prices to different customers for the same product or service.

price distortion

Indicates that prices are not accurately reflecting the true value of a product or service, often due to external factors.

unfair pricing

Conveys that the price difference is not justified and is considered unethical or exploitative.

FAQs

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

You can use "price discrepancy" to describe a difference in price between two similar items. For example: "The store offered to match the lower price after I pointed out the "price discrepancy" online."

What is a common cause of a "price discrepancy"?

Common causes of a "price discrepancy" include sales or promotions, differences in product versions, or errors in pricing. Sometimes, geographic location can also cause a "price discrepancy".

Which is correct, "price discrepancy" or "price difference"?

Both "price discrepancy" and "price difference" are correct, but they have slightly different connotations. "Price difference" is a neutral term, while "price discrepancy" often implies an inconsistency or something that needs investigation. You can also explore the nuances of "pricing disparity" for other specific cases.

What are some alternatives to using the phrase "price discrepancy"?

Depending on the context, you could use alternatives like "price difference", "pricing disparity", or "cost differential".