Asking Price (Noun)
Meaning
The price at which something is offered for sale.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The realtor set the asking price of the house at $500,000, which was slightly higher than its appraised value.
- The seller was unwilling to budge on the asking price of her car, even after several potential buyers made lower offers.
- The asking price of the luxury watch was so high that it was clearly intended for a very niche market.
- The company's asking price for the new smartphone was lower than expected, which generated a lot of buzz among tech enthusiasts.
- After conducting market research, the artist set the asking price of her painting at $10,000, which was a fair reflection of its value.