Ice Storm: A severe weather condition characterized by falling freezing precipitation. Such a storm forms a glaze on objects, creating hazardous travel conditions and utility problems.

 

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Ice Storm: A severe weather condition characterized by falling freezing precipitation. Such a storm forms a glaze on objects, creating hazardous travel conditions and utility problems.

Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large . . . View Full Definition

Price Fixing: The practice of conspiring to establish fixed fees or prices for services rendered or goods sold. In recent years, the setting of attorney fees by local bar associations and commission perce . . . View Full Definition

Price Elasticities: The percentage change in quantity divided by a percentage change in the price. Answers the question: How much will the demand for my product decrease if I raise prices by 10%?

Price Discovery Process: The process of determining the prices of assets in the marketplace through the interactions of buyers and sellers.

Price Change Accounting: Accounting for the value of assets, stock, raw materials etc. by their current market value instead of the more traditional Historic Cost .

Price Compression: The limitation of the price appreciation potential for a callable bond in a declining interest rate environment, based on the expectation that the bond will be redeemed at the call price.

Price Gap: A term used when the price of a stock rockets or dives in a direction away from its last price range, such as a stock with a trading range of $10-$12 that closes at $12 and climbs to $14 the . . . View Full Definition

Price Give: Used in the context of general equities. Willingness of a buyer or seller to negotiate on price, within reason, from the price at the last sale or the indicated level. See: Takes price.

Price List: A schedule that associates prices with individual products. This list allows you to forecast sales in units and still create projections in dollars. See also Discount List.