pricing adjustment

USAGE SUMMARY

The phrase "pricing adjustment" is correct and usable in written English.
It can be used in contexts related to finance, sales, or business when discussing changes to the price of a product or service. Example: "Due to increased costs, we will implement a pricing adjustment starting next month."

✓ Grammatically correct

Science

News & Media

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

To overcome the effect of risk factors on concession price, a pricing adjustment model using Case-base Reasoning (CBR) technique was proposed to consider the unquantifiable risk factors.

International Journal of Project Management

He also notes that because multifamily properties are considered riskier, government agencies like Freddie Mac impose a "risk-based pricing adjustment," which adds a quarter to a half percentage point to the mortgage rate (or buyers can pay a fee equal to 1 percent of the loan amount).

The New York Times

For reference, the pricing adjustment happened in Q2 2016.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

Pricing (MSRP).

TechCrunch

White House Council of Economic Advisers, Big Data and Differential Pricing (White House, Washington, DC, 2015).

Science Magazine

Lauren Price (Wales) Middleweight from Bargoed, 21.

Independent

Prof Adrian Hyde-Price University of Leicester.

The Guardian

Bargain-priced Lloyds.

Forbes

(See: "Copper Price Lifts Mining Stocks").

Forbes

Price Adjustment Leeway.

TechCrunch

First, Apple priced OS X 10.8 to move.

TechCrunch

Expert writing Tips

Best practice

When discussing "pricing adjustment", clearly state the reason for the adjustment to maintain transparency with customers. For example, you could say, "The pricing adjustment is due to increased raw material costs."

Common error

Avoid jargon overload. While "pricing adjustment" is appropriate in external communications, opt for simpler terms like "price change" or "revised pricing" in internal documents to enhance clarity and avoid alienating team members who may not be familiar with the specific term.

Linguistic Context

The phrase "pricing adjustment" functions as a noun phrase, typically serving as the subject or object of a sentence. It names the act of modifying prices, as Ludwig confirms with its examples showcasing its use in various business and economic contexts.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Formal & Business

0%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "pricing adjustment" is a grammatically sound noun phrase used to denote a change in the price of goods or services. As Ludwig highlights, it is most commonly found in news and scientific contexts, signaling a degree of formality. When using this phrase, clarity is key; always provide context for the adjustment to maintain transparency. Although the phrase is valid, simpler terms may be appropriate in internal communications. Keep in mind that, while not exceptionally frequent, it is a useful term for formal explanations of price modifications.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price modification

Focuses on the act of changing the price, similar to an adjustment but with a slightly different connotation.

price alteration

Synonymous with price modification, indicating a change to the price.

price correction

Implies fixing an incorrect or inappropriate price, suggesting an adjustment to rectify an error.

fee adjustment

Focuses on changing fees, often used in service industries rather than product sales.

rate revision

Specifically refers to changing a rate, which is a type of price, and can be used in contexts like interest or insurance.

charge modification

Highlights modifying charges, similar to fees, implying a change in what is billed.

cost alteration

Highlights changing costs, applicable when price is directly tied to cost factors.

pricing revision

Focuses on revising the pricing structure or strategy, more comprehensive than a single adjustment.

tariff change

Specifically refers to changes in tariffs, a type of price often related to international trade.

value recalibration

Emphasizes a fundamental re-evaluation of value, which leads to a price change.

FAQs

What is another way to say "pricing adjustment"?

Alternatives include "price modification", "rate revision", or "cost alteration", depending on the specific context.

How does a "pricing adjustment" impact customers?

A "pricing adjustment" typically means that the price of a product or service is changing, which can affect affordability and purchasing decisions for customers. Transparency about the reasons for the adjustment is essential.

What factors might lead to a "pricing adjustment"?

Factors such as changes in raw material costs, market conditions, competition, and economic factors can all necessitate a "pricing adjustment".

Is there a difference between "pricing adjustment" and "price change"?

While the terms are often used interchangeably, "pricing adjustment" might imply a more calculated or strategic revision, whereas "price change" is a more general term.