Price Meaning

Price Definition & Usage
The amount of money required to purchase something or the cost of an item or service.
Examples
- "The price of the car was much higher than I expected."
- "She was surprised by the high price of the concert tickets."
- "We need to check the price of this laptop before making a purchase."
- "The price of gold has been steadily increasing over the past year."
- "The restaurant has adjusted its prices after the economic downturn."
The cost or sacrifice required to achieve or obtain something.
Examples
- "The price of success is often hard work and perseverance."
- "They paid the price of their mistakes in the form of lost customers."
- "Her health deteriorated as a price for her demanding job."
- "He was willing to pay any price to protect his family."
- "The price of freedom is sometimes vigilance and sacrifice."
To assign a value or cost to something, or to set the price of an item or service.
Examples
- "They priced the product at a competitive level to attract more customers."
- "The items were priced according to their rarity and quality."
- "We need to price these services more affordably to expand our market."
- "The manager will price the new collection higher than the previous one."
- "Do you think they will price the tickets higher for next year's concert?"
Cultural Context
The concept of price is central to economic transactions and has been a part of human commerce for centuries. From ancient bartering systems to modern digital pricing algorithms, the price of goods and services has always been a reflection of supply, demand, and value. The word has expanded beyond commerce to encompass figurative meanings related to sacrifice and the cost of personal effort.
The Price of Ambition
Story
The Price of Ambition
Carla had always dreamed of opening her own business. After years of working for someone else, she finally took the leap and invested in a small café in her hometown. The price of the café was reasonable for the location, but the real challenge lay in what she would have to sacrifice to make her dream come true. The price was more than just money. It meant long hours, constant planning, and the emotional toll of dealing with ups and downs. But she was determined to succeed. The first month was rough. Carla had priced her coffee too low, thinking that lower prices would attract more customers. But instead, she found herself unable to cover the costs. She raised the price of her drinks, hoping this would stabilize her finances. Customers complained, but she held firm, understanding that sometimes success came at a price. One rainy afternoon, Carla sat at the counter, looking at the empty café. A customer walked in and ordered her most expensive drink, the triple espresso. As he handed over a bill, he smiled and said, “It’s worth every penny. The price is always right when the quality is this good.” Carla smiled back, realizing that finding the right price had been more about finding balance than simply charging a higher amount. Her business slowly began to grow, but she still faced tough choices. Carla realized that success, no matter the price, required constant adjustments. Some days, the price of being an entrepreneur felt overwhelming, but her passion and the customers’ satisfaction made it worth every sacrifice. Years later, when her café was a local favorite, Carla reflected on the journey. She had paid the price of hard work, sleepless nights, and sacrifice. But in the end, the reward far outweighed the cost, and the price of ambition had been well worth it.

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