Price-index


noun
1.
an index of the changes in the prices of goods and services, based on the prices of the same goods and services at a period arbitrarily selected as a base, usually expressed as 100.

Read Also:

  • Price-jones curve

    Price-Jones curve (prīs’jōnz’) n. A curve indicating the distribution of red blood cells with respect to the length of their diameters.

  • Price leadership

    noun 1. (marketing) the setting of the price of a product or service by a dominant firm at a level that competitors can match, in order to avoid a price war

  • Prevaricative

    verb (used without object), prevaricated, prevaricating. 1. to speak falsely or misleadingly; deliberately misstate or create an incorrect impression; lie. verb 1. (intransitive) to speak or act falsely or evasively with intent to deceive

  • Prevarication

    [pri-var-i-key-shuh n] /prɪˌvær ɪˈkeɪ ʃən/ noun 1. the act of prevaricating, or lying: Seeing the expression on his mother’s face, Nathan realized this was no time for prevarication. 2. a false or deliberate misstatement; lie: Her many prevarications had apparently paid off; she was free to go.

  • Price out of the market

    Charge so much for a product or service that no one will buy it, as in Asking $10 each for those old records is pricing yourself out of the market. [ First half of 1900s ]


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