Prices

Part of speech: noun

Pronunciation: /ˈpɹaɪsɪz/

Definitions

  1. The monetary values associated with goods or services can change frequently due to various economic influences and market dynamics
  2. The financial figures representing what consumers must pay for products or services often shift in response to supply, demand, and competition
  3. The amounts of money required to purchase items fluctuate based on market conditions, consumer behavior, and economic factors

Etymology: "Prices" is simply the plural of "price," so its story is the story of "price," which arrived in English through Old French. The Latin "pretium" meant worth, money spent, wages, or reward, and the same root gave English "precious," "praise," and "appraise." Those relatives show how closely the idea of value and the idea of esteem were once bound together. The English noun passed through Middle English, where it carried a wider sense of value and excellence as well as money. Over time the sense of excellence faded from everyday use, leaving the word centred on the sum asked or paid for something. The plural "prices" follows the usual pattern of a countable noun, and it is most often used when many goods or services are being compared or are changing in value at once.

Synonyms: costs, charges, rates, fees, expenses

Antonyms: free, gift, donation, complimentary, no charge