Overprice: meaning, definitions and examples

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overprice

[ ˌoʊvərˈpraɪs ]

^{Context #1}

in shopping

To set a price for something higher than its actual value, often leading to customers feeling cheated or unwilling to make a purchase.

Synonyms

inflate, mark up, price gouge

Examples of usage

The store was overpricing their products, so I decided to shop somewhere else.
If they continue to overprice their items, they will lose customers in the long run.

^{Context #2}

in business

The act of pricing something too high, resulting in a cost that is more than what is considered reasonable or fair.

Synonyms

exorbitant price, outrageous cost, unreasonable pricing

Examples of usage

The overprice of the new phone made it unaffordable for many consumers.
The overprice of the tickets deterred people from attending the event.

Translations

Translations of the word "overprice" in other languages:

🇵🇹 superfaturar

🇮🇳 अधिक मूल्य

🇩🇪 überteuern

🇮🇩 harga terlalu mahal

🇺🇦 завищити ціну

🇵🇱 przepłacić

🇯🇵 過剰価格

🇫🇷 suralimenter

🇪🇸 sobrecargar

🇹🇷 aşırı fiyatlandırmak

🇰🇷 과대평가하다

🇸🇦 المبالغة في السعر

🇨🇿 předražit

🇸🇰 predražiť

🇨🇳 过高定价

🇸🇮 preceniti

🇮🇸 ofverð

🇰🇿 бағаны асыра бағалау

🇬🇪 გადასახადის გაზრდა

🇦🇿 qiyməti artırmaq

🇲🇽 sobrecargar

Word origin

The word 'overprice' originated in the late 19th century, coming from the combination of 'over-' and 'price'. It reflects the concept of setting a price higher than what is considered fair or reasonable. The practice of overpricing has been a common occurrence in various industries, leading to consumer dissatisfaction and debates over pricing strategies.