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prestige pricing

Syllabification: pres·tige pric·ing

Definition of prestige pricing in English:

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.

Definition of prestige pricing in:

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