pricing

Meanings

• Noun

  The process of determining or setting the price at which a good or service is sold.

  - "The company set a competitive pricing strategy for its new product."
  - "The pricing of gold is determined by market supply and demand."

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Rhymes

Words rhyming with pricing
pries , vies , ties , lies , cries , tries , byes , goodbyes

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Variants

List of all variants of pricing that leads to same result
price , priced , pricer , pricers , prices , pricing , pre-price , pre-priced , pre-prices , pre-pricing , preprice , prepriced , preprices , prepricing

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Etymology

origin and the way in which meanings have changed throughout history.

From the Old French word 'prix' meaning 'price, value, cost'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The world's most expensive painting is 'Salvator Mundi' by Leonardo da Vinci, which was sold for $450.3 million in 2017.

2. The term 'price war' refers to a situation where two or more businesses compete to offer the lowest price for a product or service.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Market price: The price at which a good or service is bought or sold in a competitive market.

2. Cost price: The price paid by a business to acquire or produce a good or service.

3. Retail price: The price at which a good or service is sold to consumers through retail channels.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Pricing has significant cultural and historical significance in various aspects of society, including economics, business, and consumer behavior. It plays a crucial role in determining the affordability and accessibility of goods and services, and has been the subject of numerous studies and debates.

How to Memorize "pricing"

1. visualize
   

   - Imagine a scale with the price on one side and the value or worth of a good or service on the other. The pricing is the balance point where the two meet.
   - Visualize a shopping cart with various items, each with a price tag.

2. associate
   

   - Associate the word 'pricing' with the word 'value'.
   - Think of pricing as the process of determining 'how much' something costs.

3. mnemonics
   

   - Use the phrase 'People Really Insist On Getting Cheap' (PRICE) to remember the meaning of pricing.

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Memorize "pricing" using Dictozo

The best and recommended way to memorize pricing is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

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