pricing
UK: ˈpraɪsɪŋ | US: ˈpraɪsɪŋ
n. the process of determining the monetary value of a product or service
n. the amount of money set for a product or service
The word "pricing" derives from the noun "price," which originated from the Old French "pris" (value, reward), itself from Latin "pretium" (price, worth). The suffix "-ing" transforms the noun into a gerund or action noun, signifying the act of setting a value. This reflects the logical progression from the concept of value ("price") to the process of assigning it ("pricing").
The pricing strategy for the new product was carefully planned.
Dynamic pricing adjusts costs based on demand.
Transparent pricing builds trust with customers.
The company is reviewing its pricing model to stay competitive.
High pricing may deter budget-conscious buyers.