Price war — is a term used in business to indicate a state of intense competitive rivalry accompanied by a multi lateral series of price reductions. One competitor will lower its price, then others will lower their prices to match. If one of the reactors… … Wikipedia
Price gouging — is a pejorative term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it… … Wikipedia
Price mechanism — is an economic term that refers to the buyers and sellers who negotiate prices of goods or services depending on demand and supply.[1] A price mechanism or market based mechanism refers to a wide variety of ways to match up buyers and sellers… … Wikipedia
price — [prīs] n. [ME & OFr pris < L pretium, price < IE * preti , equivalent < base * per , to sell, make equal > PAR1] 1. the amount of money, etc. asked or paid for something; cost; charge 2. value or worth 3. a reward for the capture or… … English World dictionary
price-cut — price cutter, n. /pruys kut /, v.t., price cut, price cutting. to reduce the price of, esp. to gain a competitive advantage. [1920 25] * * * … Universalium
price-cut — price cutter, n. /pruys kut /, v.t., price cut, price cutting. to reduce the price of, esp. to gain a competitive advantage. [1920 25] … Useful english dictionary
Price Pfister — is an American manufacturer of low to mid range faucets and other plumbing products, and has been in business since 1915. Price Pfister a division of Black and Decker, part of the Black Decker Hardware and Home Improvement Group headquartered in… … Wikipedia
price war — price wars N COUNT If competing companies are involved in a price war, they each try to gain an advantage by lowering their prices as much as possible in order to sell more of their products and damage their competitors financially. Their loss… … English dictionary
Price Look-Up code — Price Look Up codes, commonly called PLU codes, PLU numbers or PLUs, are identification numbers affixed to produce and other products in grocery stores and supermarkets to make check out and inventory control easier, faster, and more accurate.… … Wikipedia
Price scissors — The price scissors is an economic phenomenon when for a certain group or sector of productive population the overall valuation from their production for sale outside this group drops below the valuation of the demand of this group for goods… … Wikipedia
advantage — noun 1 thing that helps ADJECTIVE ▪ big, considerable, enormous, great, huge, overwhelming ▪ clear, decided, decisive … Collocations dictionary