What does "pricing" mean?

1. (setting a price) the act of deciding how much a company will charge for its products. 2. (the cost level) the amount of money that you must pay for something.

How do you use "pricing"?

Often used as an uncountable noun in business contexts. Can be used as a countable noun when referring to different schemes or structures.

pricing

US //ˈpɹaɪsɪŋ// UK //pɹˈaɪsɪŋ// pric·ing

1 setting a price (n.)
B2 Upper Intermediate Academic

the act of deciding how much a company will charge for its products.

the process or strategy of determining the value of a product or service for sale.

Example

The company is reviewing its pricing to stay competitive with other brands.

Example

Effective pricing requires a deep understanding of both production costs and the perceived value of the brand in a crowded marketplace.

Usage

Often used as an uncountable noun in business contexts.
- valuation
- appraisal
2 the cost level (n.)
B2 Upper Intermediate

the amount of money that you must pay for something.

the specific level or scale at which prices are set for a range of goods.

Example

The new gym offers flexible pricing for students and seniors.

Example

The airline's aggressive pricing led to a significant increase in ticket sales during the off-peak season.

Usage

Can be used as a countable noun when referring to different schemes or structures.
- cost
- rate
- fee