price was set

USAGE SUMMARY

The phrase "price was set" is correct and usable in written English.
It can be used when discussing the determination or establishment of a price for a product or service. Example: "After much deliberation, the price was set at $50 for the new product launch."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

The price was set at $1.4 billion.

The New York Times

The first record price was set by Otto Mueller's "Bathers".

The New York Times - Arts

After just one more meeting, the price was set.

The New York Times - Magazine

The price was set by demand from City institutions.

The Guardian

A minimum price was set for alcohol, to curb binge-drinking.

The Guardian - Opinion

After hasty negotiations, the price was set at 925,000 rials, or $5,150.

The New York Times

A melee of wheedling and chest-pounding ensued -- eventually the price was set at $1.25.

The New York Times - Magazine

Yale's carbon price was set at the level of the social cost of carbon, or $40/ton ofCO2-equivalentt.

Yale University

"If the indicative price was set at 12.75 euros, you would expect management to negotiate for a higher price".

The New York Times

Mr. Bailey says the new price was set to make the company viable based solely on sales for infantile spasms.

The New York Times

He says Vince Cable has been "totally up front" about defending how the sale price was set.

The Guardian

Expert writing Tips

Best practice

When using "price was set", ensure the context clearly indicates who set the price and the basis upon which it was determined. For example, specify if the price was set by the seller, market demand, or a regulatory body.

Common error

Avoid using "price was set" without specifying who set the price. Unclear attribution can lead to confusion or mistrust. Instead of saying "The price was set", clarify with "The price was set by the manufacturer" or "The price was set based on market analysis".

Linguistic Context

The phrase "price was set" functions as a passive construction indicating that a price has been established. As Ludwig AI confirms, this usage is grammatically correct. The examples show its deployment in varied contexts, from real estate to financial markets.

Expression frequency: Very common

Frequent in

News & Media

54%

Academia

23%

Science

12%

Less common in

Wiki

6%

Formal & Business

5%

Ludwig's WRAP-UP

The phrase "price was set" is a common and grammatically sound expression used to indicate that a price has been established. As highlighted by Ludwig, it appears frequently in news, academic, and business contexts. When using this phrase, ensure clarity by specifying who set the price to avoid ambiguity. While versatile, consider alternatives like "price was determined" or "price was established" for a more formal tone. Overall, "price was set" is a reliable phrase for conveying pricing information across various fields.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price was determined

Replaces "set" with "determined", emphasizing the process of reaching a price.

price was established

Substitutes "set" with "established", highlighting the act of making the price known and recognized.

price was agreed upon

Focuses on the agreement aspect of setting a price, implying a negotiation.

price was fixed

Replaces "set" with "fixed", suggesting a more rigid or unchangeable price.

price point was decided

Uses "price point" instead of "price", adding a marketing nuance. Also "decided" instead of "set".

cost was finalized

Shifts focus from "price" to "cost", emphasizing the finalization of expenses.

rate was stipulated

Uses "rate" instead of "price" and "stipulated" which is more formal than "set".

terms were negotiated

Broadens the scope to include "terms" and emphasizes the "negotiation" process, not just the price itself.

value was assigned

Focuses on the "value" aspect of the item or service rather than the price itself, with "assigned" replacing "set".

charge was levied

Implies an official or imposed price or fee, using "levied" in place of "set".

FAQs

How can I rephrase "price was set" to sound more formal?

You can use alternatives such as "price was established" or "price was determined" to convey a more formal tone.

Is it better to use active or passive voice when describing how a price was determined?

Whether to use active or passive voice depends on the context. "The company set the price" (active) emphasizes the actor. "The "price was set"" (passive) emphasizes the price itself. Choose the option that best fits your focus.

What's the difference between "price was set" and "price was agreed upon"?

While both indicate a final price, ""price was set"" is a general statement. "Price was agreed upon" implies a negotiation or discussion between parties before reaching a final price.

Can "price was set" be used in any industry?

Yes, ""price was set"" is a versatile phrase applicable across various industries, including retail, finance, and real estate, whenever a price has been established for a product, service, or asset.