Price - Price Point

The price of an item is also called the price point, especially where it refers to stores that set a limited number of price points. For example, Dollar General is a general store or "five and dime" store that sets price points only at even amounts, such as exactly one, two, three, five, or ten dollars (among others). Other stores will have a policy of setting most of their prices ending in 99 cents or pence. Other stores (such as dollar stores, pound stores, euro stores, 100-yen stores, and so forth) only have a single price point ($1, £1, 1€, ¥100), though in some cases this price may purchase more than one of some very small items. Price is relatively less than the cost price.

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Famous quotes containing the words price and/or point:

    By all those, who are not much acquainted with him, he was considered infinitely below his level; he put no price upon himself, and consequently went at an undervalue; for the world is complaisant or dupe enough, to give every man the price he sets upon himself, provided it be not insolently and overbearingly demanded. It turns upon the manner of asking.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)

    Only he has the calling for politics who is sure that he will not crumble when the world from his point of view is too stupid or base for what he wants to offer. Only he who in the face of all this can say “In spite of all!” has the calling for politics.
    Max Weber (1864–1920)