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relative price vs price

price vs relative price

relative price and price both are nouns.

relative price is not a verb while price is a verb.

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

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