How Do You Spell UNIT PRICE?

Pronunciation: [jˈuːnɪt pɹˈa͡ɪs] (IPA)

The spelling of the phrase "unit price" is intuitive, but it can be tricky to figure out the correct pronunciation. The IPA phonetic transcription of the word shows that "unit" is pronounced as /ˈjuː.nɪt/, which means the "u" sound is like "you" and "i" is pronounced like "ih." Meanwhile, "price" is pronounced as /praɪs/, which means the "i" in "price" is pronounced with the long "ai" sound. Therefore, the correct pronunciation of "unit price" should be like "yoo-nit prai-s."

UNIT PRICE Meaning and Definition

1. Unit price refers to the cost of a single item or unit of a particular product or service. It is a measure that indicates the price of goods or services on a per unit basis, allowing for straightforward comparison between different products or quantities of the same product.

   The unit price is typically calculated by dividing the total cost of a given quantity or batch of products by the number of units in that batch. This enables consumers or businesses to determine the cost efficiency or value for money of a particular product when compared to others.

   For example, in a grocery store, different brands or sizes of the same product may have varying unit prices. By comparing the unit prices, consumers can determine which option provides the best value for their money.

   Unit price is an important factor in cost analysis, budgeting, and purchasing decisions. It enables consumers, businesses, and government agencies to make informed choices about which products to purchase based on their needs and financial resources.

   Overall, the unit price serves as a key tool in price comparison, budgeting, and decision-making, helping individuals and organizations make efficient use of their resources and find the best possible value for their purchases.

Common Misspellings for UNIT PRICE

• ynit price
• hnit price
• jnit price
• init price
• 8nit price
• 7nit price
• ubit price
• umit price
• ujit price
• uhit price
• unut price
• unjt price
• unkt price
• unot price
• un9t price
• un8t price
• unir price
• unif price
• unig price
• uniy price

Etymology of UNIT PRICE

The word "unit" originates from the Latin word "unitas", meaning "oneness" or "unity". It is derived from the Latin word "unus", which means "one".

The word "price" comes from the Old French word "pris", meaning "value" or "price". It further comes from the pre-Latin word "pretium".

When the terms "unit" and "price" are combined, "unit price" is formed, which refers to the cost or value of a single unit of a product or service.

Plural form of UNIT PRICE is UNIT PRICES