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Priced: meaning, definitions and examples

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priced

 

[ praɪst ]

Verb
Context #1 | Verb

market value

The term 'priced' refers to the act of determining or declaring the value of a product or service, usually in monetary terms. This process often considers various factors, including production costs, market demand, and competitor pricing. The priced value can influence consumer behavior and sales strategies. It can also refer to the assignment of a value to any good or service, as well as its market competitiveness.

Synonyms

costed, rated, valued

Examples of usage

  • The new smartphone is priced competitively against similar models.
  • We have priced the tickets to ensure a sell-out event.
  • Many items are priced according to their quality and brand.
  • The designer handbag was priced at a premium due to its exclusivity.

Translations

Translations of the word "priced" in other languages:

🇵🇹 preço

🇮🇳 कीमत

🇩🇪 preis

🇮🇩 harga

🇺🇦 ціна

🇵🇱 cena

🇯🇵 価格

🇫🇷 prix

🇪🇸 precio

🇹🇷 fiyat

🇰🇷 가격

🇸🇦 سعر

🇨🇿 cena

🇸🇰 cena

🇨🇳 价格

🇸🇮 cena

🇮🇸 verð

🇰🇿 баға

🇬🇪 ფასი

🇦🇿 qiymət

🇲🇽 precio

Etymology

The word 'priced' originates from the Middle English term 'pric', which itself derives from the Old French 'prys', meaning value or worth. The evolution continued with influences from Latin 'pretium', which also means price. The term has been in use in English since the late 14th century, reflecting the human need to assign value to goods and services in trade contexts. As trade evolved through the centuries, so did the concept of pricing, incorporating aspects like market demand and competition. In modern usage, 'priced' has become integral in commercial contexts, impacting economic strategies and consumer behavior, as well as underscoring the importance of understanding pricing strategies in business.

Word Frequency Rank

Position #7,633 indicates this is an advanced-level word. While not essential for basic communication, it will enhance your ability to understand and create more nuanced content.