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Price Taker

   Also found in: Wikipedia 0.01 sec.
Price Taker
An investor who makes orders that are not large enough to affect the price. That is, when price takers make orders, they must accept the price offered by another investor. A price taker may be an individual or a (small) company. A price taker contrasts with a price maker, which makes orders of sufficient quantity to affect the market price.


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He is the price maker, the rest are price takers," he said of the company's chairman.
That allows one to think much more like an owner rather than a price taker.
Acknowledging that the ability to do so would vary from firm to firm, Tan notes that most of the SGX-listed plastic and fibre firms are somewhere in the middle of the manufacturing chain and they could end up being price takers with little control over the direction of raw material costs.
 
 
 
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