price level vs index

index vs price level

price level and index both are nouns.

price level is not a verb while index is a verb.

Word	Noun	Adjective	Verb	Adverb
price level	Yes	No	No	No
index	Yes	No	Yes	No

As nouns, index is a hypernym of price level; that is, index is a word with a broader meaning than price level:

price level: an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
index: a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time

Other hypernyms of price level include index number, indicant, indicator.

price level (noun)	index (noun)
an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time	the finger next to the thumb
	an alphabetical listing of names and topics along with page numbers where they are discussed
	a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time
	a mathematical notation indicating the number of times a quantity is multiplied by itself
	a numerical scale used to compare variables with one another or with some reference number

price level (verb)	index (verb)
	adjust through indexation
	provide with an index
	list in an index

Difference between price level and index

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