Priced
/ˈpraɪst/
Definitions
- (v.) Past tense and past participle of price, meaning to assign a monetary value to an item or service in legal or commercial contexts.
The contract was priced to reflect market conditions accurately.
Related terms
See also
Commentary
Used primarily as the past tense or past participle form of 'price'; the substantive legal meaning resides under the base term.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.