market prices

What things cost

Market prices are the amounts buyers actually pay for goods or services in open trading, as opposed to fixed, suggested, or theoretical values.

The term emphasizes prices determined by supply and demand rather than set by regulation or negotiation: We sell our grain at market prices.

Market price on a restaurant menu typically means the cost varies daily based on availability—common for seafood and seasonal items.

economy

supply

Furnish or stock

goods · services · equilibrium · consumer spending · retail sales · wholesale · exchange rate · purchasing power · currency · economic indicators

valuation

fair value

Reasonable exchange price

estimate · book value · intrinsic value

fluctuation

volatility

Rapid, unpredictable changeability

  • swingSuspended recreational seat
  • spikeSharp rise or point
  • crashSudden violent impact

correction · rally · surge · dip · plunge · uptick · downturn · peak · trough · rebound

commodities

oil

Slippery viscous fluid

  • goldElement seventy-nine
  • grainCereal plant's harvest unit
  • livestockDomesticated farm animals

crude · wheat · corn · soybeans · coffee · cotton · copper · natural gas · silver · sugar

Categories
Opposites
price determination mechanism

market pricesfixed prices

Unchanging predetermined charges

price controls · price ceilings · price floors · list prices · sticker prices

price stability

market pricesfixed rates

Unchanging interest percentages

flat rates

price basis

market pricesbook value

Asset minus accumulated depreciation

intrinsic value · face value · nominal value · par value · assessed value

Family

market, price, marketing, supermarket, markets, pricing, marketplace, marketable, stock market

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Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G