Definition, Meaning & Synonyms

exact-price

noun
/ɪɡˈzækt praɪs/
Definition
The precise monetary value assigned to a product or service.
Examples
  • The exact-price of the new smartphone is $999.
  • Before making a purchase, make sure you know the exact-price to avoid surprises.
  • Retailers often display the exact-price on tags to inform customers clearly.
Meaning
Exact-price refers to a specific amount of money required to pay for an item, leaving no room for negotiation or approximation.
Synonyms
  • fixed price
  • set price
  • specific price