provisional price

USAGE SUMMARY

The phrase "provisional price" is correct and usable in written English.
It can be used when referring to a temporary or preliminary price that may change in the future, often in contexts like contracts or negotiations. Example: "The supplier provided a provisional price for the materials, subject to final approval."

✓ Grammatically correct

Forbes

Cost Effectiveness and Resource Allocation

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

He phoned his financial backers twice a day and hounded Carpenter, who finally mentioned a provisional price: $456 million, 27 times Charles River's 1999 earnings.

Forbes

Value based pricing framework in other countries, such as Germany provides that a product gets a provisional price, and afterwards "real life effectiveness data" [ 58] are gathered, which will be utilized to set a value based price [ 59].

Cost Effectiveness and Resource Allocation

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

In the second half, Rio is selling at a provisional contract price (as usual the annual discussions with the Chinese steel mills are protracted) in the region of $60 a ton, while on the spot market iron ore is gong for around $90. "In the second half, the Chinese appear to be winning again," said Liberum.

Forbes

Briefly, while the product was granted provisional reimbursement at a premium price at the time of initial manufacturer submission, additional cost-effectiveness analyses and follow-up studies enabled TLV to make a final positive reimbursement decision at the premium price.

BMC Health Services Research

In Germany, which released provisional data on Thursday, lettuce prices alone soared 75percentt.

The New York Times

On our provisional numbers at current spot prices we forecast that Xstrata will be in compliance with its banking covenants until its next major refinancing in June 2011.

The Guardian - Business

The medicines watchdog for England and Wales, NICE, decided the drug did not justify the price tag in its provisional judgement.

BBC

Officials at the Department of Energy and Climate Change (DECC) on Thursday confirmed the £37bn figure, but said it was provisional, set in September 2015, when wholesale power prices were low, and would not affect bill payers.

The Guardian

The results may have looked scrappy and provisional but, coupled with initially affordable land prices, this laissez-faire planning strategy seems to have worked, even if much land has since been redeveloped.

The Guardian - Opinion

Dolours Price set out to join the Provisionals.

The New Yorker

The purchase price jumped because a real estate developer had a provisional contract with the seller and already held a wetlands permit to build a 10-lot subdivision there.

The New York Times

Expert writing Tips

Best practice

Use "provisional price" when you want to clearly communicate that the price is not final and is subject to change based on certain conditions or evaluations.

Common error

Avoid treating a "provisional price" as a fixed cost. Always clarify the conditions under which the price may be adjusted to prevent misunderstandings.

Linguistic Context

The phrase "provisional price" functions as a noun phrase, where 'provisional' modifies 'price'. It indicates that the stated price is subject to change or is not yet finalized. Ludwig provides examples of its use in business and scientific contexts.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Science

33%

Formal & Business

34%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "provisional price" is a grammatically correct term used to describe a price that is not final and is subject to change. Ludwig AI confirms its usability. While not very common, it is found in various contexts, including news, science, and formal business settings. When using this term, it's crucial to clearly communicate the conditions under which the price may be adjusted to avoid misunderstandings. Alternatives such as "tentative price" or "estimated price" can be used depending on the specific nuance you wish to convey.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

tentative price

Emphasis on the price being subject to change or not yet finalized.

temporary price

Highlights the limited duration of the price.

estimated price

Focuses on the price being an approximation rather than a fixed value.

preliminary price

Highlights the price as an initial figure, likely to be revised later.

indicative price

Suggests the price is merely an indication of what it might be.

approximate cost

Highlights the price as an inexact calculation

projected price

Implies the price is based on forecasts and may not be accurate.

initial price

Focuses on the price at the beginning of a negotiation or transaction.

quoted price

Emphasizes that the price has been formally stated, but not necessarily agreed upon.

introductory price

Implies the price is a special offer that will increase later.

FAQs

How is a "provisional price" typically used in contracts?

A "provisional price" in a contract usually indicates an estimated cost that is subject to adjustment based on factors such as market conditions, material costs, or the completion of specific project milestones. It provides a starting point for the financial agreement.

What's the difference between a "provisional price" and a fixed price?

A fixed price remains constant throughout the duration of the agreement, whereas a "provisional price" is subject to change based on pre-defined conditions. A fixed price provides cost certainty, while a "provisional price" offers flexibility to account for unforeseen circumstances.

When is it appropriate to use a "provisional price"?

It is appropriate to use a "provisional price" when there is uncertainty about the final cost of goods or services due to fluctuating market conditions, incomplete project scopes, or other unpredictable factors.

What are some alternatives to "provisional price"?

You can use alternatives like "tentative price", "estimated price", or "preliminary price" depending on the context.