overpricing

Setting costs high

Overpricing is setting a price too high—above what the market will bear or what something is actually worth.

A seller overpricing a house may watch it sit unsold for months.

The noun refers to this practice: The overpricing of concert tickets has sparked backlash.

Overpriced describes the result: The food was mediocre and overpriced.

gouging

profiteering

Exploiting scarcity for gain

fleecing · swindle · scalping · predatory · overcharge · highway robbery · shakedown · usury · squeeze · opportunistic

excessive

exorbitant

Unreasonably high, as costs

astronomical · sky-high · steep · inflated · overcharged · unreasonable · unjustified · unwarranted · overvalued · costly

premium

luxury

Expensive nonessential comfort

branded · upscale · boutique · gourmet · status · prestige · elite · aspirational · exclusivity · cachet

markup

surcharge

Extra fee added

fee · cost-plus · retail markup · overhead · escalation · hidden fees · service charge · convenience fee · processing fee · handling fee

Categories
Opposites
price level relative to value

overpricingunderpricing

Charging below true value

undercharging · undervaluing · discounting · markdown · competitive pricing

pricing strategy/practice

overpricingunderpricing

Charging below true value

discounting · undercutting · clearance pricing · wholesale pricing · penetration pricing

Family

price, precious, prices, priced, pricing, pricey, appraisal, overpriced, pricy

Familiarity
Top 20,000
Profile
Known to kids · Used worldwide · Timeless · Negative · Everyday, not technical · Rated G