price

UK: praɪs | US: praɪs

Definition

  1. n. the amount of money expected, required, or given for something

  2. vt. to assign a value or cost to something

Structure
pric <value>pric <value>
Etymology

price = pric<value> + e (silent)

  • pric<value>: Derived from Old French pris, meaning "value" or "reward," which traces back to Latin pretium (price, worth).
  • e: A silent letter retained from Middle English spelling conventions.

Etymology Origin:
The word price evolved from the Latin pretium (value, reward) through Old French pris. It entered Middle English as prys, later standardized to price with the silent e. The core concept of "value" has remained consistent, though its usage expanded to include verbs like "to set a cost."

Examples

  1. The price of gasoline has risen sharply this year.

  2. She refused to disclose the price of the antique vase.

  3. The company priced its new product competitively.

  4. Happiness cannot be measured by price.

  5. They priced the house at $500,000.