price
UK[praɪs]US[praɪs]
n
The amount of money that you have to pay for something
v
To fix or ask the price of something
v
To discover the price of something
Etymology
The word 'price' has a direct lineage from the Latin noun 'pretium', which signified value, wages, or a reward. It entered English via Old French 'pris' around the 13th century, retaining the core concept of monetary value. Over time, its meaning narrowed from the broader sense of 'worth' to focus more specifically on the monetary cost of goods and services. The verb form, meaning to set or ascertain this cost, developed naturally from the noun.
Analysis
The word is a simplex. It is derived from the Old French 'pris', meaning 'value, worth, reward', which itself came from the Latin 'pretium' meaning 'price, value, wages, reward'.
Examples
The price of fuel has increased again this month.
They priced the new model competitively to attract customers.
We spent the afternoon pricing different sofas for the living room.