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:

    Forced from home, and all its pleasures,
    Afric’s coast I left forlorn;
    To increase a stranger’s treasures,
    O’er the raging billows borne.
    Men from England bought and sold me,
    Paid my price in paltry gold;
    But, though theirs they have enroll’d me,
    Minds are never to be sold.
    William Cowper (1731–1800)

    It is not he who gains the exact point in dispute who scores most in controversy—but he who has shown the better temper.
    Samuel Butler (1835–1902)