Definition of prestige pricing in English:

prestige pricing

Syllabification: pres·tige pric·ing

noun

  • The practice of pricing goods at a high level in order to give the appearance of quality.
    More example sentences
    • Part two, ‘Wealth and the Quest for Prestige,’ describes how faculty preferences influence development policies, the quest for program rankings, and prestige pricing.
    • This type of prestige pricing is often associated with higher quality services, genuine technical advantage, or some sort of unique selling point.

More definitions of prestige pricing

Definition of prestige pricing in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day skosh
Pronunciation: skəʊʃ
noun
a small amount; a little