Share this entry

Share this page

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:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day verbose
Pronunciation: vərˈbōs
adjective
using more words than are needed…