Price shows how much money you need to pay for something. We use it when talking about buying or selling things.
What is the price of this book?
The price of milk is high today.
Price can mean what someone loses or suffers to get or do something. It can be about feelings or other things, not just money.
He paid a high price for his mistake.
Love has a price, sometimes pain.
To price something means to decide how much money it will cost to buy it. This is used when selling products or services.
They price the new cars carefully.
We must price the food fairly.
Price can mean the serious loss or damage suffered to achieve something hard, like winning in war. This is a formal or serious meaning.
Many lives were the price of victory.
They paid a terrible price in war.
Price means the current money value of goods like oil or stocks in markets. It changes often with supply and demand.
The price of oil went up today.
Stock prices changed quickly.
To price can also mean to think something is very important or valuable. It is often used in ideas or qualities, not things.
They price honesty above money.
She prices her freedom very highly.
Price can mean money or payment demanded in exchange for something stolen or held, or as a penalty for breaking laws.
The kidnappers asked a high price.
The price for breaking rules is a fine.