Definition, Meaning & Synonyms

inflated-price

noun

ɪnˈfleɪtɪd praɪs

Definition

An inflated-price refers to a price that is significantly higher than its true or fair market value.

Examples

Due to the pandemic, many essential goods faced inflated-prices, making them unaffordable for many.
The inflated-price of the concert tickets frustrated fans who could not afford to attend.
Investors often worry about inflated-prices in the housing market, fearing a bubble might burst.

Meaning

The term suggests that the price of a product or service has been artificially increased, often due to speculation, market manipulation, or excessive demand.