price increment

USAGE SUMMARY

"price increment" is a correct and usable phrase in written English.
For example: Due to the high demand for the product, the company announced a price increment of 15% on all items.

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

7 human-written examples

The smallest possible price increment collapsed to a penny from one-sixteenth of a dollar.

The New York Times

"The fact is that while the Kinect functionality is nice to have, for many its value proposition does not match up to the price increment of the Xbox One over the PS4 at this point of the cycle," commented Piers Harding-Rolls of industry analyst IHS Technology.

The Guardian - Tech

Tick Size The minimum price increment for securities price quotes.

Financial Innovation

PUs tries to minimize the price increment as much as possible to keep the PUs revenues positive.

EURASIP Journal on Wireless Communications and Networking

Due to competition in the market, a price increment is limited due to the possibility of losing customers.

EURASIP Journal on Wireless Communications and Networking

This means that if the futures contract moves the minimum price increment (one tick) from 1,400.00 to 1,400.25, a long position is credited $12.50, while a short position is debited $12.50.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

In 1976, he proposed screen-based trading, consolidated bids and offers, and minimal price increments in decimals.

The New York Times

Wall Street firms have been scrambling to figure out how to make money trading stocks as the exchanges become automated and shares trade in narrower price increments.

The New York Times

The Big Board's plan to replace eighths and other fractions with penny price increments next month still needs S.E.C. approval.

The New York Times

Both mention virtually the same drugs, both list payments in similar price increments and both have many names of professional baseball players whose names are redacted.

The New York Times - Sports

Other proposed changes would ensure that all investors have nondiscriminatory access to price quotes on various exchanges; ban the quoting of stocks in price increments of less than one penny; and improve the dissemination of market data.

The New York Times

Expert writing Tips

Best practice

When writing about auctions or markets, be consistent on how the "price increment" is expressed i.e. in dollars or percentages.

Common error

The term "price increment" specifically implies an increase in price. Do not use it when describing a reduction or discount, as this would be contradictory.

Linguistic Context

The phrase "price increment" functions primarily as a noun phrase, referring to the amount by which a price is increased. It acts as a subject or object in sentences describing economic or financial situations as shown by Ludwig.

Expression frequency: Uncommon

Frequent in

News & Media

43%

Science

43%

Formal & Business

14%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "price increment" is a grammatically correct noun phrase that refers to an increase in price. Ludwig AI confirms that it is relatively uncommon but generally acceptable, particularly in news, scientific, and formal business contexts. While "price increase" is a more common and broadly applicable term, "price increment" is useful when a more precise or incremental change in price is intended. Ensure you use it correctly to avoid confusion, remembering that it always denotes an upward adjustment.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price increase

A general term referring to any upward adjustment in price.

price hike

Suggests a sudden and significant increase in price.

fare increase

Specifically refers to an increase in the cost of transportation.

rate increase

Used for services or utilities where costs are structured as rates.

price adjustment

A neutral term indicating a change in price, which could be an increase or decrease.

pricing adjustment

Like "price adjustment", but emphasizes the action of adjusting the price.

incremental cost

Focuses on the cost associated with producing one more unit.

additional charge

Implies an extra fee added to the base price.

surcharge

An additional tax or fee added to the original price.

premium increase

Specifically used in contexts like insurance, referring to increased premium rates.

FAQs

How to use "price increment" in a sentence?

You can use "price increment" to describe a rise in the cost of goods or services. For example: "The company announced a small "price increment" due to rising material costs".

What can I say instead of "price increment"?

You can use alternatives like "price increase", "price hike", or "price adjustment" depending on the context.

What's the difference between "price increment" and "price increase"?

While both terms refer to a rise in price, "price increment" often implies a smaller or more gradual change, while "price increase" can be a more general term.

Is "price increment" commonly used in business writing?

While understandable, it might be more common to use terms like "price increase" or "pricing adjustment" in formal business contexts.