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price vs average cost

average cost vs price

price and average cost both are nouns.

price is a verb but average cost is not a verb.

Word NounAdjectiveVerbAdverb
price Yes No Yes No
average cost Yes No No No
As nouns, average cost is a hyponym of price; that is, average cost is a word with a more specific, narrower meaning than price:
  • price: the property of having material worth (often indicated by the amount of money something would bring if sold)
  • average cost: total cost for all units bought (or produced) divided by the number of units
price (noun) average cost (noun)
the property of having material worth (often indicated by the amount of money something would bring if sold) total cost for all units bought (or produced) divided by the number of units
the high value or worth of something
value measured by what must be given or done or undergone to obtain something
a monetary reward for helping to catch a criminal
the amount of money needed to purchase something
cost of bribing someone
price (verb) average cost (verb)
ascertain or learn the price of
determine the price of
Difference between price and average cost

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