# pricing

Pronunciation: say "PRY-sing" /ˈpɹaɪsɪŋ/

## Noun

1. The act of setting the price for a product or service.
   - Simple: The act of deciding how much something will cost.
   - _The company's pricing of its software reflected months of market research._
   - _Careful pricing can determine whether a new product succeeds or fails._
2. The level or amount at which something's price is set.
   - Simple: How high or low a price has been set.
   - _The pricing of luxury cars puts them out of reach for many buyers._
   - _Customers complained that the pricing was well above competitors' rates._

## Verb

3. Present participle and gerund of price. — present participle and gerund of price
   - Simple: Present participle and gerund of price. Use this form for the -ing version, as in "pricing the items."
   - _The team is pricing its services based on current demand._
   - _Pricing the antiques correctly required an expert's eye._

Source: DictionaryAI, https://dictionaryai.com/define/pricing (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).