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PRICE, noun [Latin pretium. See Praise.]

1. The sum or amount of money at which a thing is valued, or the value which a seller sets on his goods in market. A man often sets a price on goods which he cannot obtain, and often takes less than the price set.

2. The sum or equivalent given for an article sold; as the price paid for a house, an ox or a watch.

3. The current value or rate paid for any species of goods; as the market price of wheat.

4. Value; estimation; excellence; worth.

Who can find a virtuous woman? for her price is far above rubies. Proverbs 31:10.

5. Reward; recompense.

That vice may merit; 'tis the price of toil;

The knave deserves it when he tills the soil.

The price of redemption, is the atonement of Jesus Christ. 1 Corinthians 6:20.

A price in the hands of a fool, the valuable offers of salvation, which he neglects. Proverbs 17:16.

PRICE, verb transitive To pay for. [Not in use.]

1. To set a price on. [See Prize.]