Price takers

Price takers

Individuals who respond to rates and prices by acting as though prices have no influence on them.

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.
References in periodicals archive ?
In addition to national access to leveraged best practice healthcare purchasing in markets where Fortune 500 purchasers have historically been price takers, MCBG has also expanded beyond its HMO and POS offering to include a PPO.
Since the founding of Farmers Union 113 years ago, agriculture has become more, not less, concentrated and farmers still find themselves as price takers, not price makers.
The reality is the IFIs are borrowing and lending largely from conventional banks because the Islamic interbank money market (IIMM) does not exist on a global scale, hence, they tend to be price takers.
Globally, this strategy works better, but in India we are price takers for many commodities and our prices move in line with LME or Comex prices.
DGCX has established robust market-making mechanisms for the contract and will have price makers and price takers from the first day of trading, ensuring strong liquidity on both sides.
We will have market makers from day one, we will have price makers and price takers.
FARMERS must become price fixers and not price takers as EC support wanes and the markets dip, a farm supplies boss said yesterday.
Since all agricultural producers are price takers, quality and service differentiates one producer from another.
Companies are price takers - the market value of a house is set by the price achieved by second hand homes, which in number dwarf the new build sector.
He is the price maker, the rest are price takers," he said of the company's chairman.
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.