Lead-In Price: The lowest available price for a travel product, often pertaining to cabins on a cruise ship. Usually, there are only a few staterooms available on board each cruiseliner in this category, but often better accommodations are only slightly higher in price. Rock-bottom price shoppers normally insist on these rates, though they sell out quickly. Often, passengers are not happy with the outcome.

 

Related Words

Lead-In Price: The lowest available price for a travel product, often pertaining to cabins on a cruise ship. Usually, there are only a few staterooms available on board each cruiseliner in this category, b . . . View Full Definition

Price Risk: The risk that the value of a security (or a portfolio) will decline in the future. Or, a type of mortgage pipeline risk created in the production segment when loan terms are set for the borr . . . View Full Definition

Price Spread: An options strategy that involves buying and selling two options on the same security with the same expiration month, but with different exercise prices.

Price Support: Government intervention to set an artificially high price through the use of a price floor designed to aid producers.