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price vs relative price

relative price vs price

price and relative price both are nouns.

price is a verb but relative price is not a verb.

Word NounAdjectiveVerbAdverb
price Yes No Yes No
relative price Yes No No No
As nouns, relative price is a hyponym of price; that is, relative price is a word with a more specific, narrower meaning than price:
  • price: the amount of money needed to purchase something
  • relative price: the price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices.
price (noun) relative price (noun)
the property of having material worth (often indicated by the amount of money something would bring if sold) the price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices.
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) relative price (verb)
ascertain or learn the price of
determine the price of
Difference between price and relative price

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