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Setting, controlling and changing prices and costs

bargain

verb

to try to persuade someone to give you a better price or make an agreement that suits you better

beat down

to persuade someone to sell you something at a lower price than their first offer

bottom out

if something such as an economy or price bottoms out, it reaches its lowest level before starting to improve again

bounce back

if a market or price bounces back, it rises again after falling

cap

noun

a limit on the amount of money that you can spend or charge

cap

verb

to set a limit on the amount of money that someone can spend or charge

capping

noun

the policy of setting an official limit on the amount of money that someone can spend or charge

cheapen

verb

to reduce the price of something

climb

verb

if a temperature, price, or the level of something climbs, it becomes higher

come down

to agree to ask for or pay a lower price

comp

verb

to give someone something without them having to pay for it

cost

verb

to calculate exactly how much something will cost

deflate

verb

to make changes in an economy in order to lower prices

depress

verb

to make something such as a price or value go down

discount

verb

to reduce the price of something

drive down

to make a price or amount fall to a lower level

drive up

to make a price or amount rise to a higher level

fix

verb

to make a decision about a price or amount and not allow it to change

flatten out

if the price or amount of something flattens out, or if something flattens it out, it becomes lower or less likely to change

gyrate

verb

if prices or values gyrate, they move up and down in an uncontrolled way

hold down

to stop prices or numbers from rising

indexation

noun

the practice of making the value of something such as pay or pensions change as general living costs rise or fall

index-linking

noun

indexation

inflate

verb

to make a number or price higher than it should be

jack up

to increase the price, rate, or number of something by a large amount

knock down

to reduce a price or amount

knock down

to persuade someone to reduce the price of something

knock off

to reduce a price or an amount

mark down

to reduce the price of something

mark up

to increase the price of something, especially something that you bought for a lower price

offer

verb

to say that you will pay a particular price for something

overcharge

verb

to ask someone to pay more money than is reasonable, or more money than the real price

overvalue

verb

to give something a higher price than it should have

pass on

to make someone who is buying something from you pay for the cost of something

peg

noun

an arrangement that keeps a price, amount etc at the same level in relation to something else

peg

verb

to keep prices, salaries, or the amount of something at a particular level, often in relation to something else

peg back

to control something such as prices or salaries so that they do not increase above a particular level

predatory pricing

noun

the act of setting prices at very low levels in order to force other companies to fail

price

verb

to set the price of a product or service

price control

noun

control by the government over prices of goods and services

price-cutting

noun

the practice of reducing prices in order to sell more than other companies

price discrimination

noun

the practice of charging different prices for the same product or service in different markets

price-fixing

noun

an agreement between companies to charge the same price for a particular product, in order to keep the price high

price-fixing

noun

price control

price war

noun

a situation in which businesses compete to attract customers by making their prices lower

pricing

noun

decisions that a company makes about the prices it charges for goods or services

put on

to add an amount of money to the cost or value of something

put up

to increase the value or price of something

quote

verb

to tell someone what price you would charge them to do a particular piece of work

reduce

verb

to lower the price of something

roll back

to reduce something such as a price or salary

set

verb

to decide the price or value of something

settle up

to agree how much each person or group should pay

slap on

to add something as an extra cost

sliding scale

noun

a system of making payments or paying taxes where the amount that you pay changes according to a fixed set of rates

steady

verb

to start to remain at a price, value, level etc for a period of time, or to make something do this

sticker shock

noun

the feeling of shock that people have when the price of something suddenly increases

sting

verb

to make someone pay more than they should for something

subsidise

a British spelling of subsidize

subsidize

verb

to pay some of the cost of goods or services so that they can be sold to other people at a lower price

talk down

to persuade someone to lower the price of something

tender

verb

to make a formal written offer to provide goods or services for a particular price

ticket

verb

to attach a ticket to something to show its price, size etc

underprice

verb

to put a price on something for sale that is less than its actual value

undersell

verb

to sell something at a cheaper price than someone else

valuation

noun

the process of deciding how much money something is worth

valuation

noun

a decision concerning the value of something

value

verb

to state how much something is worth

wipe off

to reduce the value of something by a large amount

subsidization

noun

flood the market

to make such a large number of goods or services available for sale that they cannot all be sold and the price falls

price yourself out of the market

to charge such high prices for your products that customers stop buying them

put a price/value etc on something

to make a judgment about the price or amount of something

put something out to tender

to ask people to say formally how much they would charge for doing something for you

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