set a price

USAGE SUMMARY

"set a price" is correct and usable in written English.
You can use it when referring to establishing an amount of money that someone is willing to pay or charge for something. For example, "We need to set a price for our new product before we can start selling it."

✓ Grammatically correct

News & Media

Wiki

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Above all, set a price limit and stick to it!

Independent

Do you always set a price ahead of time?

The New York Times

Can you set a price tag on this "product"?

The New York Times

Sprint has not yet set a price for the service.

The New York Times - Tech

You don't have to set a price limit for that".

The New York Times

"We have now set a price," he said.

The Guardian

Mr. Denis set a price of $4,000.

The New York Times

The revised 1998 lease eliminated the requirement for appraisers and instead set a price.

The New York Times

Its legislation to set a price on carbon will start operating in July.

The Economist

Lehrman said that if the Yankees set a price floor, it will backfire.

The New York Times

Now they've set a price tag of $8.2 billion and a completion date of August 2019.

The New York Times

Expert writing Tips

Best practice

When using "set a price", consider the context. Are you establishing a fixed price, a price range, or a price target? Be specific to avoid ambiguity.

Common error

Avoid using "set a price" in contexts where it might imply illegal price fixing. Ensure it's clear that the price is being set independently and competitively.

Linguistic Context

The phrase "set a price" primarily functions as a verb phrase. It indicates the action of determining and establishing the cost or value of a product, service, or asset. Ludwig AI confirms the common usage of the phrase in various contexts.

Expression frequency: Very common

Frequent in

News & Media

46%

Wiki

23%

Formal & Business

11%

Less common in

Science

9%

Academia

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "set a price" is a common and grammatically correct verb phrase used to describe the action of establishing a cost for something. Ludwig AI confirms its broad applicability. It is most frequently encountered in news, wiki articles and business communications, maintaining a neutral to professional register. To use it effectively, consider the context and ensure clarity in your pricing strategy. Avoid implications of illegal price fixing and explore alternatives like ""determine a price"" or "establish a price" for different nuances. Ultimately, understanding the purpose and context is key to accurately conveying your message about pricing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

determine a price

Emphasizes the process of figuring out or calculating the price.

establish a price

Suggests a more formal and definitive setting of the price.

decide on a price

Emphasizes the decision-making aspect of setting a price.

name a price

A more direct way of saying "set a price".

fix a price

Implies a more rigid and less negotiable price.

price something at

Focuses on the specific amount at which something is priced.

assign a value

Focuses on the act of valuing something, which then leads to setting a price.

put a price on

Highlights the action of assigning a monetary value to something, which might not have had a price before.

stipulate a price

Indicates a price that is specifically stated as a condition or requirement.

quote a price

Implies providing a price, often in response to a request.

FAQs

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

You can use "set a price" when you want to define a cost for a product or service. For instance, "The company needs to "determine a price" before launching its new product".

What's a more formal way to say "set a price"?

Alternatives such as "establish a price" or "stipulate a price" convey a more formal tone.

Is it always necessary to "set a price" before selling something?

In most cases, yes. Setting a price helps communicate the value you place on your product or service and allows customers to make informed decisions. However, in some auctions or negotiations, the price might be determined dynamically.

What's the difference between "set a price" and "assign a value"?

"Set a price" specifically refers to assigning a monetary value for a transaction. "Assign a value" is broader and can refer to any kind of valuation, not necessarily monetary.