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:

    Cecil Graham: What is a cynic?
    Lord Darlington: A man who knows the price of everything and the value of nothing.
    Oscar Wilde (1854–1900)

    If mothers are told to do this or that or the other,... they lose touch with their own ability to act.... Only too easily they feel incompetent. If they must look up everything in a book, they are always too late even when they do the right things, because the right things have to be done immediately. It is only possible to act at exactly the right point when the action is intuitive or by instinct, as we say. The mind can be brought to bear on the problem afterwards.
    D.W. Winnicott (20th century)