To set a price



Example: They set a price competitively

Definition


"To set a price" means to determine or establish the amount of money required to purchase a product or service. It involves deciding on a competitive or strategic value that reflects costs, market conditions, and desired profit margins.

Translations


  • fijar un precio
  • een prijs vaststellen
  • fixar un preu
  • fixer un prix
  • einen Preis festlegen

Etymology


The phrase "to set a price" combines the verb "set," originating from Old English 'settan,' meaning to put or place, with "price," derived from Old French 'pris,' meaning value or reward. Together, they convey the act of placing a specific value on an item for sale.