How Do You Spell STATED PRICE?

Pronunciation: [stˈe͡ɪtɪd pɹˈa͡ɪs] (IPA)

The spelling of the phrase "stated price" can be broken down into individual sounds using International Phonetic Alphabet (IPA). "Stated" is pronounced /ˈsteɪtɪd/ with a long "a" sound and the "t" sound is pronounced. "Price" is pronounced /praɪs/ with a long "i" sound and a "s" sound. Taken together, "stated price" refers to a price that has been announced or declared, rather than a negotiated or variable price. Proper spelling ensures clear communication and understanding of the intended meaning.

STATED PRICE Meaning and Definition

1. Stated price refers to the specific price mentioned or declared for a product or service. It is the set amount that is openly communicated and agreed upon by the seller or provider and the prospective buyer or consumer.

   When an item is marketed with a stated price, it means that the seller has established a fixed cost at which they are willing to sell the product or service. This price is typically presented prominently, ensuring transparency and allowing potential customers to make informed decisions.

   The stated price provides a basis for negotiations or transactions, aiding buyers in assessing whether the product or service fits within their budget and aligns with their perceived value. It allows price comparisons and facilitates fair competition among sellers in the market.

   While the stated price is generally the starting point for pricing discussions, it may not be the final price paid by the buyer. Depending on factors such as market demand, competition, or the individual's negotiation skills, the final price agreed upon might differ from the originally stated price.

   Overall, the stated price plays a fundamental role in commerce by providing a clear indication of the amount a seller expects to receive for their product or service and serves as a reference point for potential buyers during the decision-making process.

Common Misspellings for STATED PRICE

• atated price
• ztated price
• xtated price
• dtated price
• etated price
• wtated price
• srated price
• sfated price
• sgated price
• syated price
• s6ated price
• s5ated price
• stzted price
• ststed price
• stwted price
• stqted price
• stared price
• stafed price
• staged price

Etymology of STATED PRICE

The word "stated price" is derived from two separate components: "stated" and "price".

- Stated: The term "stated" is the past participle of the verb "state", which comes from the Latin word "status", meaning "stationary" or "standing". Over time, it has evolved to mean "to declare" or "to express". In the context of "stated price", "stated" implies that the price has been explicitly declared or expressed.

- Price: The word "price" originated from the Old French word "pris" or "prix", which can be traced back to the Latin word "pretium". "Pretium" originally referred to the worth or value of something and eventually developed into the concept of "price" as we understand it today.