Definition, Meaning & Synonyms

price-comparison

noun

/praɪs kəmˈpɛrɪsən/

Definition

A method of examining the prices of similar items across different sellers to determine which offers the best value.

Examples

Before making a purchase, she always conducts a price-comparison to ensure she gets the best deal.
The website offers a price-comparison tool that helps users find the cheapest flights.
The store encourages price-comparison shopping by matching competitors’ prices.

Meaning

Price-comparison refers to the process of evaluating prices for the same product or service from various sources to find the lowest or most favorable option.