pricing

n. fixing of prices, determination of values

v. give a cost to something, determine a price

Pricing is one of the four p's of the marketing mix. The other three aspects are product management, promotion, and place. It is also a key variable in microeconomic price allocation theory.Pricing is the manual or automatic process of applying prices to purchase and sales orders, based on factors such as: a fixed amount, quantity break, promotion or sales campaign, specific vendor quote, price prevailing on entry, shipment or invoice date, combination of multiple orders or lines, and many others. Automated systems require more setup and maintenance but may prevent pricing errors.
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Noun
1. the evaluation of something in terms of its price
(hypernym) evaluation, valuation, rating
(hyponym) price gouging
(derivation) price

Noun
1. the amount of money needed to purchase something; "the price of gasoline"; "he got his new car on excellent terms"; "how much is the damage?"
(synonym) terms, damage
(hypernym) cost
(hyponym) asking price, selling price
2. the property of having material worth (often indicated by the amount of money something would bring if sold); "the fluctuating monetary value of gold and silver"; "he puts a high price on his services"; "he couldn't calculate the cost of the collection"
(synonym) monetary value, cost
(hypernym) value
(hyponym) average cost
3. value measured by what must be given or done or undergone to obtain something; "the cost in human life was enormous"; "the price of success is hard work"; "what price glory?"
(synonym) cost, toll
(hypernym) value
(hyponym) death toll
4. the high value or worth of something; "her price is far above rubies"
(hypernym) worth
5. a reward for helping to catch a criminal; "the cattle thief has a price on his head"
(hypernym) reward
6. cost of bribing someone; "they say that every politician has a price"
(hypernym) cost
Verb
1. determine the price of; "The grocer priced his wares high"
(hypernym) determine, set
(hyponym) mark up
(derivation) terms, damage
2. ascertain or learn the price of; "Have you priced personal computers lately?"
(hypernym) ascertain
(derivation) terms, damage

(p. pr. & vb. n.)
of Price
  

marketing activity concerned with the setting of prices for new products and the adjustment of prices for existing products.