Prices


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Related to Prices: Gold prices, Gas Prices

Prices (of equity)

Price of a share of common stock on the date shown. Highs and lows are based on the highest and lowest intraday trading price.

Price

The value of a thing with real or perceived worth. Price represents the amount of value the market has assigned, fairly or unfairly, to a good or service. Normally, prices are expressed in terms of money, but practices such as countertrade and PIK securities indicate that prices may be expressed in goods: "four chickens for two sheep." Price is a necessary component of trade.

Prices tend to be regulated by the law of supply and demand; that is, a price of a good or service increases with smaller supply and/or greater demand. A corollary to this is the idea that commoditization drives prices down because it increases supply (sometimes vastly) while leaving demand the same. Prices likewise rise when the value of money declines. Governments can and have controlled the prices of certain goods and services by subsidy or decree. This is usually an anti-inflationary measure and tends to distort, rather than eliminate, the law of supply and demand. It is thus not generally sustainable as a mechanism for controlling price.
References in classic literature ?
Indeed, it is hard to increase unreasonably the price of the chambers, when one has had the honor to let them at a reasonable price.
A placard near by announced that they had been reduced in price from two dollars and fifty cents to one dollar and ninety-eight cents; and a young girl who stood behind the counter asked her if she wished to examine their line of silk hosiery.
I couldn't venture to tell him that the miller-gun was a little invention of my own, and that I had officially ordered that every shopkeeper in the kingdom keep them on hand and sell them at government price -- which was the merest trifle, and the shopkeeper got that, not the government.
In anticipation of a long residence, and, for the consideration of a considerable abatement in price, she had fortunately paid six months' rent in advance; thus removing from Adrienne the apprehension of having no place in which to cover her head, for some time to come.
Price could no longer afford to cherish pride or resentment, or to lose one connexion that might possibly assist her.
I possessed myself of it with a hand of which I could only hope that she did not perceive the tremor, and she added, "I would part with it only for a good price.
Philip smiled, but Miss Price took the remark seriously.
The news of the dealing, however, had got about, and although derision was the chief sentiment amongst the brokers, the price steadily mounted.
Besides, when he can't work any more, an' ain't worth a cent, he'll be worth just a plumb million to me, an' if anybody offered it, I'd raise the price.
One day it offered itself to a Truly Good Man, who, after examining the label and finding the price was exactly twice as great as he was willing to pay, spurned the Political Preferment from his door.
Well, John,' said Miss Matilda Price (which, by-the-bye, was the name of the miller's daughter).
Lucy Price sent me here to-night because she was afraid that it was to-night they meant to take him from his hiding-place and kill him.