fair price
What's honestly owed
A fair price is one that reasonably reflects an item's value—neither exploitative nor artificially low.
The concept assumes both buyer and seller have adequate information and neither is under duress.
What counts as fair depends on context: That's a fair price for a used car in this condition.
In legal and financial contexts, fair price often has technical meaning related to market value or arm's-length transactions.
- reasonableShowing sound judgment
- valueImportance or price
- bang for buckReturn on investment
- good dealFavorable price or quantity
- bargainFavorable purchase price
honest · deal · market · market value · going rate · worth · affordable · equitable · just · balanced · haggle · negotiate · bottom dollar · cost · transparent · square · competitive · legitimate
- fairnessjustice, impartiality, equity, equal opportunity, equal treatment
- pricingoverpricing, discounts, overcharge, markdowns, unit cost
- fair tradecertified, ethical sourcing, direct trade, living wage, worker rights
- dealsdeal, bargain, promo codes, transaction, coupon codes
- white liesfine thanks, happy to help, my pleasure, no trouble, love it
- costsdirect cost, fixed cost, variable cost, total cost, actual cost
fair priceripoff
Fraudulent overcharge
rip-off · gouging · price gouging · extortion · highway robbery
fair, price, fairly, fairness, fairer, fairest, unfair, unfairly, unfairness