Definition of shadow price in English:
The estimated price of a good or service for which no market price exists.
- For unpaid work, such as housework, costs were estimated at a shadow price of 7.94 an hour.
- The second feature is the high degree of variability of an input shadow price across estates (as indicated by the standard deviations and coefficients of variation).
- The price of ‘grey shares’ - the shadow price before the listing - went as high as 300p.
Definition of shadow price in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in India