price
1 the price of sth
2 high and low prices
3 changing prices
see also BUY, SELL, PAY
1 the price of sth
- the amount of money that you have to pay to buy sth: price (noun C/U)
What's the price of petrol now? ◎ We can't afford to buy it at that price. ◎ to go up in price
- to have a certain price: cost* (sb) sth
Having my car repaired cost me more than I expected.
- the amount of money that you have to pay for services such as electricity: cost (noun U)
The cost of gas is going up again.
- the prices of things in general: cost (noun U)
the cost of living
- the amount you have to pay for using sth: charge
Is there a charge for parking here? ◎ admission charges at the museum
- to ask sb to pay a particular amount for sth: charge (sb) (sth) (for sth)
She charged me another ten pence for the paper bag.
- to ask sb to pay more/less than they should: overcharge/undercharge (sb) (for sth)
The garage overcharged me for the repairs.
- to decide the price that people must pay for sth: price sth (at sth), ask sth (for sth), sell sth at/for sth
Secondhand books priced at 30p each ◎ They're asking a ridiculous amount for their house! ◎ They're selling the chairs at ※£20 each.
- to tell sb what the approximate price of sth is: quote (sb) a price, give* (sb) an estimate
The garage man quoted me a very reasonable price for my new tyres. ◎ Can you give me an estimate of how much the work will cost?
- a piece of paper showing the prices of a list of things: price list
2 high and low prices
- if you think that what you have to pay for sth is a lot, you can call the price high; much too high: extortionate
The bill was extortionate.
- something which has a high price is expensive, it costs* a lot
- if sth is very expensive, it (informal) costs* the earth/a fortune/a bomb
- if you think what you have to pay for sth is not much, you can call the price low
The price of petrol is quite low at the moment.
- something which has a low price is cheap, inexpensive, it doesn't cost much
cheap clothes/food/cars ◎ an inexpensive holiday/suit/meal
- very cheap: (informal) dirt cheap; very cheap, or cheaper than usual: a bargain
It only cost a pound; I think it was a bargain!
- for a low price: cheaply, inexpensively, (informal) cheap
You can travel quite cheaply by bus. ◎ I bought it cheap. ◎ It was going cheap (= it was being sold for a low price) .
- if you think what you have to pay for sth is neither very high nor very low, you can call the price fair, reasonable, (informal) not too bad
I got them all for a fiver, which I think isn't too bad.
3 changing prices
- if the price of sth becomes lower, it comes*/goes* down, falls*
House prices are coming down.
- if the person selling sth makes the price lower, he/she reduces it, brings* it down, cuts* it; nouns: reduction, cut
further reductions in the sale ◎ price cuts
- a reduction in the price of sth: discount
Do you give a discount for cash? ◎ All staff get a 20% discount.
- to reduce the price of sth by a certain amount: knock sth off, take* sth off
He says if I make up my mind today he'll knock another ※£50 off the price.
- half the normal price: half price
I got it at half price.
- if the price of sth becomes higher, it goes* up, rises*, it is up
Petrol's up again!
- if the seller makes the price of sth higher, he/she increases it, raises it, puts* it up; nouns: increase, rise
Why does the government allow them to go on putting up the price of electricity? ◎ price increases ◎ another rise in the price of cigarettes
- a situation when most prices continue to go up: inflation (noun U)
- when the government tries to stop prices going up, it controls prices; noun (C/U): price control
to impose price controls
- to stop price rises completely: freeze* prices; noun: price freeze
- if the price of sth does not become less or more, it remains the same
※ MORE ...
- to argue about the price of sth: haggle (with sb) (about/over sth), bargain (with sb) (about/over sth)
I got it cheap but I had to haggle. ◎ They bargained over the price.
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