Word
pricing
Phoneticspric·ing, stress on the first syllable
US/ˈpɹaɪsɪŋ/
UK/pɹˈaɪsɪŋ/
Definitions
01setting a price
B2 · Upper Intermediate Uncountable noun Academic
n. the act of deciding how much a company will charge for its products.
n. the process or strategy of determining the value of a product or service for sale.
“The company is reviewing its pricing to stay competitive with other brands.”
“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.
02the cost level
B2 · Upper Intermediate Uncountable noun
n. the amount of money that you must pay for something.
n. the specific level or scale at which prices are set for a range of goods.
“The new gym offers flexible pricing for students and seniors.”
“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.
Real-World Examples
“Traders are even now pricing in a 25% chance of a second hike by the end of the year – what would be the fifth for 2026.” “Financial markets ahead of the latest consumer price data were pricing in a roughly 60% chance of an RBA interest rate hike by December, and this morning’s figures make another rate increase more likely.” Word family
NOUN
ADJECTIVE
- Exam level
- CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.B2 FirstIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.5.5–6.5TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 4.0–4.572–94TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.785–944
- Frequency
- Common
- Level
- B2 · Upper Intermediate
- Updated
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