A governmental restriction on the prices that can be charged for goods and services in a market.

(business, marketing) The use of unit prices.

(marketing) The setting of prices for goods and services in a way thought to have a psychological impact on the consumer. For example, an "odd price" that is slightly under a round number, such as $19.98, may be perceived as lower than it really is.

Synonym of psychological pricing

Synonym of Price equation

plural of price index

(marketing) The technique of offering goods or services at a range of separated price points so as to give the impression of a hierarchy of quality.

(Of a product or service) Priced to appeal to a person with a limited budget.

(management, accounting) The price that customers pay for goods in stores.

(idiomatic) Something trivial or irrelevant, usually used to emphasize the lack of relationship of a non sequitur.