Wiktionary (0.00 / 0 votes)Rate this definition: pay the price (Verb) To incur the negative consequences of one's decision. to pay the price that is asked for goods or services. Whether price discrimination works and for how long the various groups are willing to pay different prices for the same product depends on the relative elasticities of demand in the sub-markets. To be blamed or punished for something, especially for the wrongful actions of another To suffer misfortune as a consequence of an action To atone or make amends for … To obtain one thing by sacrificing another, more valuable one. Scholars found the first instance of a term with a meaning similar to the idiom 'pay the price' in ancient Greek text, where the word 'tinein' was used to describe punishment and defined as “to pay a price, punish, take vengeance.” At some dealerships, the out-the-door costs are abbreviated as "TTL fees" or tax, title and license. 2. Some of these additional items may include: When you pay something such as a bill or a debt, you pay the amount that you owe. They expected house prices to rise. Still have questions? In other words, the price .of a product influences the price paid for the factors of production-labour, land, capital and entrepreneurship. (Usually implying that the price is high.) Others conceptualize WTP as a range – a product’s price may range from a specific amount up to the willingness to pay level. Current bids appear on the Level 2—a tool that shows all current bids and offers. Strike prices are standardized, meaning they are at fixed dollar amounts, such as $31, $32, $33, $102.50, $105, and so on. Willingness to pay is the highest price a customer will agree to, while willingness to accept is the lowest possible price the seller (you) can afford. Learn more. Overall, the perceived value of the bike will be the price that the person will be willing to pay. 0 0. ex vat is the price before vat the other with depending on if you are a private individual or a business - other answer good too - think its bad terminology. President Woodrow Wilson used it in a speech in 1916: “There is a price which is too great to pay for peace, and that price can be put in one word: One cannot pay the price of self-respect.”. 6 factors that affect willingness to pay. The no-haggle price meaning is simple once you have the basics. To experience the consequences of one's actions or misdeeds. You're signed out. End-User License Agreement & Privacy Policy. To discover how much things are selling for. https://idioms.thefreedictionary.com/pay+a+price. icon. Everything from the current market environment to a customer's personal preferences has a direct impact. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. There is a list price or manufacturer’s suggested retail price (MRSP), which is a kind of baseline price. Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, pay a compliment to (someone or something). It is the price effectively asked to the customer once taxes, deductions or discounts are included in the amount. You had to pay the price for it, and so did I. Scholars found the first instance of a term with a meaning similar to the idiom 'pay the price' in ancient Greek text, where the word 'tinein' was used to describe punishment and defined as “to pay a price, punish, take vengeance.” In Old English, the word 'worth' seen as 'weorþ' had several different meanings; among them, worthiness, merit, or price in terms of equivalent value. ... pay through the nose, to pay an exorbitant price. Now he’s paying the price for it.”. If I buy a new phone with a bill credit discount agreement, then do I have to pay the device price to get the credit for 24 months? All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. However, many times the seller has to apply taxes imposed by law such as the Value Added Tax. All things come at a price, you’ve probably already grasped that by now. Stock price reflects perception. You have to … 1. The Price to Pay may refer to: The Price to Pay, 2012 autobiography by Joseph Fadelle; The Price to Pay, 2007 French comedy film; The Price to Pay, 1996 TVB series You might convince people to pay high, however, the bargain depends on how much the buyer wants to pay. For example: “We went around all the dealers pricing different minivans.” 2. Supermarkets often offer you two products for the price of one. This is the British English definition of pay the penalty / price for something.View American English definition of pay the penalty / price for something.. Change your default dictionary to American English. The bid price is the highest price that a trader is willing to pay to go long (buy a stock and wait for a higher price) at that moment. Cancel. The phrase ‘Pay the Price’ means to suffer the consequences of someone’s actions. Learn more. 10 years ago. Oh, my head! If you want to be successful you have to pay the price. [1150–1200; Middle English < Old French paier < Medieval Latin pācāre to satisfy, settle (a debt), Latin: to pacify (by force of arms). ing , pays v. tr. The net price is what the customer effectively pays for a product or service. You can achieve anything and get anything you want as long as you are keen to pay the price … Best answer by stevetjr 17 November 2016, 03:58. Despite having the same quality, different people will quote a different price for your price. If…. Get answers by asking now. The other meaning of paying the Devil alludes to Faustian pacts in which hapless individuals pay for their wishes or misdeeds by forfeiting their soul. ing , pays v. tr. There are people that will actually pay more money to avoid the prospect of having to haggle over the price of a car. The market price of a product influences wages, rent, interest and profits. the amount of money you have to pay for something price of The price of fuel keeps going up. If playback doesn't begin shortly, try restarting your device. The price of something is the amount of money that you have to pay in order to buy it....a sharp increase in the price of petrol. pay the price definition: 1. to experience the bad result of something you have done: 2. to experience the bad result of…. Computers haven't come down in … pay definition: 1. to give money to someone for something you want to buy or for services provided: 2. Pay the Price Up Front. 0 0. Meaning that it includes any additional fees that are incurred from the dealership. As a verb, the term may mean: 1. How to use price in a sentence. (Usually implying that the price is high.) 2 the take-it-or-leave-it offer of the first degree discriminator and what they actually pay (OQ 4 AP 4) to the simple monopolist, is consumers’ surplus. Buyers can get around 7% on new bonds, so they'll only be willing to buy your bond at a discount. If this is the quality of goods that you require, you will have to pay the price. For example: “He priced himself out of the market.” We may also use the verb to explain why a product failed to succeed in a competitive market. And you had better more … If this is the quality of goods that you require, you will have to pay the price. These actions are called current bids. Lit. price for We agreed a price for the bike. Cambridge Dictionary +Plus When you pay an amount of money to someone, you give it to them because you are buying something from them or because you owe it to them. Autoplay is paused. Pricing, the intersection at which untold numbers of buyers and sellers meet every minute of every day, lies at the core of any business -- large or small, old or new, Rust Belt or high-tech, local or 2. Colin. If you get caught cheating on your exam, you'll have to pay the price—which could include expulsion. Question: "If Jesus paid the price for our sin, why do we still suffer the consequences of our sin?" Prices can change quickly as investors and traders act across the globe. The Bid Price . If this is the quality of goods that you require, you will have to pay the price. 2. → pay Examples from the Corpus pay the penalty/price • She makes plenty of money, but there's a high price to pay in terms of long hours. The price is a matter of vital importance to the buyer and the seller. I am paying the price for drinking too much last night. If you’re buying your main property up until 30 June 2021, you will not have to pay Stamp Duty on properties costing up to £500,000. This is the total cash price you will pay for your new vehicle. Answer: The Bible gives the good news that Jesus paid the price for our sin (Ephesians 1:7), yet in many ways we still suffer the consequences of our sins. Thus the difference between what Quantity the consumers were willing to pay (OQ 4 AD) under Fig. The no-haggle price meaning is simple once you have the basics. Definition: Net price is the total price charge for a good or service, after considering any added or subtracted amount. To establish how much people will have to pay for something you are selling. When money is allowed to rule every decision that is made, inevitably, decisions that are on the wrong side of the law are made, and the company and its … Definition and synonyms of pay the penalty / price for something from the online English dictionary from Macmillan Education.. I feel terrible today. Example of Use: “Jack drank so much last night! Tìm hiểu thêm. Typically, home buyers will pay between about 2 to 5 percent of the purchase price of their home in closing fees. 1. Ex vat is without VAT and inc vat is the price including VAT.. You will pay the price including VAT. Prevailing interest rates rise to 7%. Accommodation is free–all you pay for is breakfast and dinner. Bride price, bridewealth, or bride token, is money, property, or other form of wealth paid by a groom or his family to the woman or the family of the woman he will be married to or is just about to marry. Price definition is - the amount of money given or set as consideration for the sale of a specified thing. Definition: A retail price is the cost paid for a good at retail stores.It is a term applied to the price that final consumers pay at retail outlets to differentiate from intermediate prices paid upward in … Willingness to pay, or WTP, is the most a consumer will spend on one unit of a good or service.Some economic researchers see willingness to pay as the reservation price – the limit on the price of a product or service. A number of factors affect your customer's WTP. To give money to in return for goods or services rendered: pay … Lit. You might not have success right away and that’s the point. There are people that will actually pay more money to avoid the prospect of having to haggle over the price of a car. In this example, the price drops to 91, meaning they are willing to pay you $18,200 ($20,000 x .91). I sure paid the price for staying up late when I fell asleep at my desk in the library. The net price is what the customer effectively pays for a product or service. What Does Net Price Mean? Stamp Duty is a tax you might have to pay if you buy a residential property or a piece of land in England or Northern Ireland over a certain price. I’m really paying the penalty for all those late nights. to experience something unpleasant because you have done something wrong, made a mistake etc pay the penalty/price for (doing) something Williams is now paying the price for his early mistakes. Lv 4. They’ve made a lot of mistakes in the past and now they’re paying the price. The idea is old, but this expression of it dates only from the late nineteenth century. On average, buyers pay roughly $3,700 in closing fees, according to a recent survey. to pay the price that is asked for goods or services. Up Next. Question: "If Jesus paid the price for our sin, why do we still suffer the consequences of our sin?" → asking price, cost price, list price, market price► see thesaurus at cost 2 For example: “We have priced our new smartphone at $500.” 3. So, if your home cost $150,000, you might pay between $3,000 and $7,500 in closing costs. Cambridge Dictionary +Plus Right now, the price you need to pay is taking massive action on your goals. The price of the bond is 100, meaning that buyers are willing to pay you the full $20,000 for your bond. Here are all the possible meanings and translations of the word pay the price. pay the price ý nghĩa, định nghĩa, pay the price là gì: 1. to experience the bad result of something you have done: 2. to experience the bad result of…. 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