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:

    Who makes ends meet, who’s taking the knock,
    Government tariffs, wages, price of stock.
    Smoke hangs under the light.
    Philip Larkin (1922–1986)

    The point is children lie to others for good and sufficient reasons, but they don’t kid themselves. They know who did what, but they feel no moral imperative to inform grownups.
    Leontine Young (20th century)