Price

In ordinary usage, price is the quantity of payment or compensation given by one party to another in return for goods or services.

In modern economies, prices are generally expressed in units of some form of currency. (For commodities, they are expressed as currency per unit weight of the commodity, e.g. euros per kilogram.) Although prices could be quoted as quantities of other goods or services this sort of barter exchange is rarely seen. Prices are sometimes quoted in terms of vouchers such as trading stamps and air miles. In some circumstances, cigarettes have been used as currency, for example in prisons, in times of hyperinflation, and in some places during World War 2. In a black market economy, barter is also relatively common.

In many financial transactions, it is customary to quote prices in other ways. The most obvious example is in pricing a loan, when the cost will be expressed as the percentage rate of interest. The total amount of interest payable depends upon credit risk, the loan amount and the period of the loan. Other examples can be found in pricing financial derivatives and other financial assets. For instance the price of inflation-linked government securities in several countries is quoted as the actual price divided by a factor representing inflation since the security was issued.

Price (given name)

Price is a male given name which may refer to:

Price (Sussex cricketer)

Price (full name and dates of birth and death unknown) was an English cricketer. Price's batting and bowling styles are unknown. He appeared in scorecards as Captain Price, suggesting an army or naval connection.

Price made his first-class debut for Sussex against Kent at the Royal New Ground in 1828. He was dismissed for 3 runs by William Ashby in Sussex's first-innings, while in their second-innings he was dismissed for a single run, though the bowler who his wicket is not recorded. The match was drawn. His next first-class appearance came twelve years later for the Marylebone Cricket Club against Oxford University at Lord's in 1840. The following season he appeared for the Fast Bowlers (suggesting his bowling style was fast in nature) in a first-class match against the Slow Bowlers, while in 1842 he played his final first-class match for the Marylebone Cricket Club against Hampshire. In his four first-class matches, Price scored 10 runs at an average of 1.66, with a high score of 6. With the ball, he took 2 wickets, both of which came for Marylebone Cricket Club, although his bowling average and best figures are unknown due to incomplete records.