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Meaning of price ceiling

Source language: EnglishDictionary language: English

price

Pronunciation:/pɹaɪs//pɹaɪs/

noun

Definitions

  1. The cost required to gain possession of something.

  2. The cost of an action or deed.

    Example: I paid a high price for my folly.

  3. Value; estimation; excellence; worth.

verb

Definitions

  1. To determine the monetary value of (an item); to put a price on.

  2. To pay the price of; to make reparation for.

  3. To set a price on; to value; to prize.

  4. To ask the price of.

    Example: to price eggs