Price
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In ordinary usage, price is the quantity of payment or compensation given by one party to another in return for goods or services. In modern economies, prices are generally expressed in units of some form of currency. (For commodities, they are expressed as currency per unit weight of the commodity, eg euros per kilogram.) Although prices could be quoted as quantities of other goods or services this sort of barter exchange is rarely seen. Prices are sometimes quoted in terms of vouchers such as trading stamps and air miles. In some circumstances, cigarettes have been used as currency, for example in prisons, in times of hyperinflation, and in some places during World War 2. In the black economy, barter is also relatively common In many financial transactions, it is customary to quote prices in other ways. The most obvious example is in pricing a loan, when the cost will be expressed as the percentage rate of interest. The total amount of interest payable depends upon the loan amount and the period of the loan. Other examples can be found in pricing financial derivatives and other financial assets. For instance the price of inflation-linked government securities in several countries is quoted as the actual price divided by a factor representing inflation since the security was issued. Price sometimes refers to the quantity of payment requested by a seller of goods or services, rather than the eventual payment amount. This requested amount is often called the asking price or selling price, while the actual payment may be called the transaction price or traded price. Likewise, the bid price or buying price is the quantity of payment offered by a buyer of goods or services, although this meaning is more common in asset or financial markets than in consumer markets. From Wikipedia under the
GNU Free Documentation License Nounprice (plural prices)
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GNU Free Documentation License Matching Results for Price:Richard H. PriceRichard H. Price (born March 1, 1943) is a leading American physicist, well known for his important work in general relativity. This scientist article is a stub. ... Bedknobs and Broomsticks [Miss Price has just arrived on an old motorbike, emitting blasts of yellow smoke. ... Miss Price: You will wash yourselves, otherwise there will be no ... Leonard H. Courtney The price of peace is eternal vigilance. Leonard Henry Courtney, 1st ... The statement "The price of peace is eternal vigilance" has been widely attributed to others, including ... From Wikiquote under the
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