Definition of prestige pricing in English:

Share this entry

prestige pricing

noun

[mass noun]
The practice of pricing goods at a high level in order to give the appearance of quality.
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.

For editors and proofreaders

Line breaks: pres|tige pri¦cing

Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.