Tag: price

In ordinary usage, price is the quantity of payment or compensation given by one party to another in return for goods or services.
In modern economies, prices are generally expressed in units of some form of currency. (For commodities, they are expressed as currency per unit weight of the commodity, e.g. euros per kilogram.) Although prices could be quoted as quantities of other goods or services this sort of barter exchange is rarely seen. Prices are sometimes quoted in terms of vouchers such as trading stamps and air miles. In some circumstances, cigarettes have been used as currency, for example in prisons, in times of hyperinflation, and in some places during World War 2. In the black economy, barter is also relatively common.
In many financial transactions, it is customary to quote prices in other ways. The most obvious example is in pricing a loan, when the cost will be expressed as the percentage rate of interest. The total amount of interest payable depends upon the loan…

Windows 8 upgrade price revealed

The official launch of Microsoft Windows 8 is expected to happen soon, and Microsoft has confirmed the price for upgrading the operating system from Windows XP, Vista or Windows 7…

What’s the Kindle Worth to Amazon?

Assuming the success of the Kindle partly accounts for Amazon’s crazy stock price, there may be a way to assess its value, and it may be in the billions. More:…

GoDaddy VP Caught Bidding Against Customers

A GoDaddy Vice President has been caught bidding against customers in their own domain name auctions. The employee Adam Dicker isn’t just any GoDaddy employee; he’s head of the GoDaddy…

Intel cuts quad-core price by 50 percent

Intel posted price cuts on Sunday that included reductions of 50 percent on select quad-core processors. The chipmaker also introduced new Celeron and Core 2 Duo processor models. read more…

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