LOW PRICE Meaning and
Definition
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Low price refers to a cost or value that is relatively inexpensive or below average when compared to similar products, services, or commodities available in the market. It denotes a price that is significantly lesser than the usual or expected amount for a particular item or offering. The concept of low price is relative and can vary depending on the context, industry, or individual perspectives.
In the context of consumer goods, a low price implies that the cost of the product is affordable, making it more accessible to a wider range of consumers. It often indicates competitive pricing strategies employed by businesses to attract customers and gain a competitive edge in the market. Low prices are also associated with discounts, promotions, or sales, where temporary reductions in the regular price are offered to entice customers and boost sales.
In the realm of financial markets, a low price refers to the trading value of a stock, bond, or other investment instrument that has declined significantly, usually below its intrinsic value. Investors may perceive low-priced stocks as potential opportunities for capital appreciation if the price eventually rebounds or if there is an expectation of future growth.
Overall, the term "low price" encompasses the idea of affordability, value for money, and a comparison to standard or expected pricing, implying that the cost is lower than what is typically encountered in the market for a specific product or investment.
Common Misspellings for LOW PRICE
- kow price
- pow price
- oow price
- liw price
- lkw price
- llw price
- lpw price
- l0w price
- l9w price
- loq price
- loa price
- los price
- loe price
- lo3 price
- lo2 price
- low orice
- low lrice
- low -rice
- low 0rice
- low peice
- lowprice
Etymology of LOW PRICE
The word "low" comes from the Old English word "lāh" which means "not high" or "of less than average height or stature". It is related to the Middle Low German word "lōge" meaning "low" or "flat".
The word "price" comes from the Old French word "prix" which originally meant "value" or "worth", derived from the Latin word "pretium". "Pretium" was used to refer to the worth or value of something and could also denote a reward or punishment.
So, the etymology of the phrase "low price" essentially combines the Old English word "low" with the Old French word "price", suggesting the notion of a lesser or reduced value or cost.
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