Pronunciation: [pɹˈa͡ɪs lˈe͡ɪbə͡l] (IPA) 
The correct spelling of "price label" is /praɪs ˈleɪbəl/. The word "price" is pronounced with a long "i" sound, represented by the IPA symbol /aɪ/, and the stress is on the first syllable. The word "label" is pronounced with a long "a" sound, represented by the IPA symbol /eɪ/, and the stress is on the second syllable. The spelling of this word is important for accurately conveying information about the cost of a product.
A price label is a small tag or sticker that displays the monetary value assigned to a product or item for sale. It is typically affixed directly onto the product, its packaging, or a display area in a store. The primary objective of a price label is to inform consumers about the cost of the product, making it easier for them to make purchasing decisions based on their budget and preferences.
Price labels serve as a quick reference point, allowing shoppers to easily compare prices between different products or different retailers. They enable consumers to evaluate the value proposition offered by a specific item and determine if it aligns with their desired price range.
Price labels often feature information other than just the cost, such as the name or brand of the product, any discounts or offers available, and unit measurements (such as weight or quantity) for perishable goods or products sold in bulk. Including these additional details helps customers make more informed choices by providing them with valuable information about the product's features and benefits.
Price labels are used in various retail environments, including supermarkets, department stores, specialty shops, and online marketplaces. In addition to their informative purposes, price labels also assist retailers in maintaining accurate inventory and facilitating price adjustments as necessary. With their clear and visible display, price labels play a vital role in ensuring transparency, efficiency, and fairness in the buying and selling process.
The word "price" originates from the Middle English word "pris", which came from the Old French word "pris" meaning "price, value, worth". This Old French word can be traced back to the Latin word "pretium", meaning "price, reward, value".
The word "label" has a different etymology. It comes from the Middle English word "label(le)", which was borrowed from the Old French word "label", meaning "strip or flap of cloth". The Old French word ultimately came from the Germanic word "labba" or "lappa", which referred to a hanging part or flap.
Therefore, the term "price label" combines the Middle English and Old French words "pris" and "label", signifying a tag or mark indicating the value or cost of an item.
