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Scholarships and grants are forms of financial aid that a student does not have to pay back. Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. What does Strike price mean? What is the price of that coat? If your language skills aren’t already top-notch, then this vocab quiz can get you up to speed! We Asked, You Answered. Access accurate and up-to-date building construction costs data that helps pre construction managers, architects, engineers, contractors and others to precisely project and control cost estimation of both new building construction and renovation projects. PRICE medical jargon An acronym for "protection, rest, ice, compression, and elevation," advice given for the home treatment of minor injuries such as sprains or strains. There is a small charge for mailing packages. That means that the 33rd and 34th numbers in the sorted list are the two middle numbers. In other words, it is a formula that determines how much a variable’s behavior can explain the behavior of another variable. 2. the act of a person who encloses something in or as if in a casing or covering, a school giving instruction in one or more of the fine or dramatic arts, a comic character, usually masked, dressed in multicolored, diamond-patterned tights, and carrying a wooden sword or magic wand, First recorded in 1175–1225; (noun) Middle English, Dictionary.com Unabridged But when share price reaches a certain threshold, a company may decide to split its stock. “Price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price. If a journalist is interviewing you and you blurt out something inappropriate, you will have to ask her not to quote you on that. Smaller electric-vehicle makers like Workhouse Group and Arcimoto have done even better, seeing their stock prices rise fivefold. noun. Clearing CMOS Most talk of CMOS involves clearing CMOS, which means to reset the BIOS settings to … Price (trading currency) The price in this context is the price of a tradable security/instrument. However, the AWP is not a true representation of actual market prices for either generic or brand drug products, and is usually inflated about 20 percent. See more. Cost definition is - the amount or equivalent paid or charged for something : price. Meaning of Price premium. If you have a multiple-unit price, such as $5.50 for 5 pounds of potatoes, and want to find the single-unit price, divide the multiple-unit price by the number of units. Prevailing interest rates rise to 7%. The Fed’s current stimulus has been electric for household wealth. Because markup is figured as a percentage of the sales price, doubling the cost means a 50 percent markup. Illustrated definition of Unit Price: The cost per item or per one liter, one kilogram, one pound, etc. The mean is the average of the numbers. If you have a multiple-unit price, such as $5.50 for 5 pounds of potatoes, and want to find the single-unit price, divide the multiple-unit price by the number of units. Build a city of skyscrapers—one synonym at a time. Marginal-cost pricing, in economics, the practice of setting the price of a product to equal the extra cost of producing an extra unit of output. Crypto soars again as traders embrace ‘DeFi’ and ‘yield farming’—but some see echoes of the 2017 bubble. A perpetual software license is a type of software license that authorizes an individual to use a program indefinitely. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'price.' 'All Intensive Purposes' or 'All Intents and Purposes'? Send us feedback. Likewise, the bid price or buying price is the quantity of payment offered by a buyer of goods or services, although this meaning is more common in asset or financial markets than in consumer markets. to charge so highly for as to prevent the sale, hire, etc, of. What is the definition of r squared? 3. What this means, in plain language, is doubling your cost to establish the retail price. Oil prices have suffered their biggest fall since the day in 1991 when American forces launched air strikes on Iraqi troops. By this policy, a producer charges, for each product unit sold, only the addition to total cost resulting from materials and direct labor. Information and translations of Strike price in the most comprehensive dictionary definitions resource on the web. 1 a : the amount or equivalent paid or charged for something : price The average cost of a college education has gone up dramatically. English Language Learners Definition of price (Entry 2 of 2), See the full definition for price in the English Language Learners Dictionary. ... the company expects oil prices will fall by 11 to 17 percent in each of the next seven years as EV's gain momentum. The price difference between the underlying stock price … Definition of Strike price in the Definitions.net dictionary. The definition of "excessive" or "unconscionable" pricing is generally determined by looking at average prices in the affected area over a given look-back period prior to … Here's why it's happened and what it means. The Greek word eirene means “unity and accord”; Paul uses eirene to describe the objective of the New Testament church. Because markup is figured as a percentage of the sales price, doubling the cost means a 50 percent markup. But the deeper, more foundational meaning of peace is “the spiritual harmony brought about by an individual’s restoration with God.” In our sinful state, we are enemies with God (Romans 5:10). This requested amount is often called the asking price or selling price, while the actual payment may be called the transaction price or traded price. When prices are expressed as a quantity of 1, such as $25 per ticket or $0.89 per can, they are called unit prices. What falling oil price projections mean for the EV market. Here is an explanation of what negative crude prices mean in the real world: The cost of bribing someone: maintained that every person has a price. The American Heritage® Idioms Dictionary It follows from the definition just stated that prices perform an economic function of major Men’s Undies Get Expensive, In Defense of Uber’s Awful Sydney Surge Pricing, Complete State of the Union Addresses from 1790 to 2006, The World English Bible (WEB), The Old Testament, Complete. But in more middle-class and working-class neighborhoods, sessions are typically a fourth of that price. charge usually refers to the amount asked for services. What made you want to look up price? The Hemp & CBD Market How much does CBD accumulator, meaning it absorbs CBD capsules cost $0.09 Trends for How or compounds to $319 per pound in capsules are available in to pay $99, or $0.05, whereas some Average 30-count bottle of CBD – $0.13 per mg; CBD So Expensive—And How it does not CBD catch – they offer October CBD Oil Prices: dropped to an average the price can be — Prices … The Hemp & CBD Market How much does CBD accumulator, meaning it absorbs CBD capsules cost $0.09 Trends for How or compounds to $319 per pound in capsules are available in to pay $99, or $0.05, whereas some Average 30-count bottle of CBD – $0.13 per mg; CBD So Expensive—And How it does not CBD catch – they offer October CBD Oil Prices: dropped to an average the price can be — Prices … The price chart can be represented as line (selected by default) or candlestick. increasingly unlikely, KPMG predicted a house price increase of 1.3 percent. What happened? Overstock’s share price has grown six times more than Wayfair, which is having a heck of a run itself. Last week, Apple announced that it would split its stock for only the fifth time in its 44-year history. Price, the amount of money that has to be paid to acquire a given product. Sometimes the word quote is used as shorthand for quotation, a passage of speech or writing that’s repeated word for word. The Greek word eirene means “unity and accord”; Paul uses eirene to describe the objective of the New Testament church. $5.50 ÷ 5 = $1.10 What falling oil price projections mean for the EV market. 4. As we plodded along he talked about his cattle ranch, the price of cattle, and what profit he had made that year. Why Do “Left” And “Right” Mean Liberal And Conservative? Marginal-cost pricing, in economics, the practice of setting the price of a product to equal the extra cost of producing an extra unit of output. But the deeper, more foundational meaning of peace is “the spiritual harmony brought about by an individual’s restoration with God.” In our sinful state, we are enemies with God (Romans 5:10). Price definition is - the amount of money given or set as consideration for the sale of a specified thing. Likewise, the bid price or buying price is the quantity of payment offered by a buyer of goods or services, although this meaning is more common in asset or financial markets than in consumer markets. The definition of "excessive" or "unconscionable" pricing is generally determined by looking at average prices in the affected area over a given look-back period prior to … The combination of these causes led to one of the most remarkable rises in price ever known. IFRS 13 applies to IFRSs that require or permit fair value measurements or disclosures and provides a single IFRS framework for measuring fair value and requires disclosures about fair value measurement. In other words it is the sum divided by the count . Test Your Knowledge - and learn some interesting things along the way. What Does R Squared Mean? b : the outlay or expenditure (as of effort or sacrifice) made to … Net Price is the amount that a student pays to attend an institution in a single academic year AFTER subtracting scholarships and grants the student receives. Definition . Subscribe to our free daily email and get a new idiom video every day! Either way, the near-term price trajectory for oil is to $49/bbl once WTI passes $46.20. This requested amount is often called the asking price or selling price, while the actual payment may be called the transaction price or traded price. Domestic soybean prices in Brazil rose to a record as the real slumped against the dollar and oilseed demand picked up. After $20 trillion in pandemic relief spending, there’s still no sign of inflation. How to use price in a sentence. The price may be right, but what about the cost? Biden in Delaware, July 21. When prices are expressed as a quantity of 1, such as $25 per ticket or $0.89 per can, they are called unit prices. Bitcoin is a cryptocurrency created in 2009. Mean Mode Central Measures Please tell us where you read or heard it (including the quote, if possible). many people believe that this is the true dealer cost of the vehicle, but in many cases - it is not, Invoice prices have hidden profit built into them such as dealer holdback and manufacturer to dealer incentives. 2. The last Apple (ticker: AAPL) split was 7-for-1, in June 2014. What this means, in plain language, is doubling your cost to establish the retail price. ... the company expects oil prices will fall by 11 to 17 percent in each of the next seven years as EV's gain momentum. the sum in money or goods for which anything is or may be bought or sold, a sum of money offered or given as a reward for a capture or killing, what someone deserves, esp a fitting punishment. price (prīs) n. 1. Insofar as the amount people are prepared to pay for a product represents its value, price is also a measure of value. Which of the following words shares a root with. Definition of Price premium in the Definitions.net dictionary. Industry experts claim an increase in awareness amongst men when it comes to styles, design, and price regarding their underwear. Its founder cashed out before the rally, Downtrodden GM stock gets a boost from electric-vehicle spinoff speculation, Iran’s Becoming a Footloose Nation as Dance Lessons Spread, Would You Pay $100 For a 50 Cent Bulge? Paying someone an hourly wage to run errands for you is another example of an exchange. Buying vegetables for a set price from a grower at a farm stand is one example of economic exchange. what are the chances of something happening now? What does Net Price mean? The mean is the usual average: (1 + 2 + 4 + 7) ÷ 4 = 14 ÷ 4 = 3.5. great value or worth (usually preceded by. Definition: R squared, also called coefficient of determination, is a statistical calculation that measures the degree of interrelation and dependence between two variables. The median is the middle number. PRICE medical jargon An acronym for "protection, rest, ice, compression, and elevation," advice given for the home treatment of minor injuries such as sprains or strains. Why CPC is important to you and your PPC campaigns. In any of these cases, the price of indifference would be catastrophic. Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020, Collins English Dictionary - Complete & Unabridged 2012 Digital Edition The cost at which something is obtained: believes that the price of success is hard work. September 1, 2016 - The Manufacturer’s Suggested Retail Price — also known as “sticker” price – is basically a recommended selling price that automakers give a new car. Marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. Here's why it's happened and what it means. © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Here is an explanation of what negative crude prices mean in the real world: The cost of building a new annex was estimated at $10,000. Describe 2020 In Just One Word? Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. What is the price of the car? Find out in what ways "cost" and "price" differ, and if they can be summed up similarly. The price reflects its rarity as well, but also the finicky, difficult, and nuanced process of making Champagne. Markup (or price spread) is the difference between the selling price of a good or service and cost.It is often expressed as a percentage over the cost. Access accurate and up-to-date building construction costs data that helps pre construction managers, architects, engineers, contractors and others to precisely project and control cost estimation of both new building construction and renovation projects. April 20, 2020 will go down in oil-market history as the day when the U.S. benchmark price for crude dropped below zero for the first time -- and then kept falling. Of course, whether this is a good or bad thing depends on your position in the market. Oil prices have suffered their biggest fall since the day in 1991 when American forces launched air strikes on Iraqi troops. If a journalist is interviewing you and you blurt out something inappropriate, you will have to ask her not to quote you on that. Which means that you do not have to refresh the webpage to see the chart movements. As Biden nudges ahead in the polls, the US oil and gas industry should prepare for far-reaching potential changes, says … Like this video? Cost Per Click (CPC) refers to the actual price you pay for each click in your pay-per-click (PPC) marketing campaigns.In this lesson you'll learn: A more thorough definition of cost per click. Last week, Apple announced that it would split its stock for only the fifth time in its 44-year history. The price of the bond is 100, meaning that buyers are willing to pay you the full $20,000 for your bond. Price definition, the sum or amount of money or its equivalent for which anything is bought, sold, or offered for sale. increasingly unlikely, KPMG predicted a house price increase of 1.3 percent. While the price gains in currencies like COMP have been driven by traders looking for arbitrage opportunities, Sullivan notes that such activity helped mainstream cryptocurrencies like Bitcoin gain a foothold years ago. This sponge is specially employed for the toilet, and its price is high. Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012. a sum offered for the capture of a person alive or dead: the sum of money, or other consideration, for which a person's support, consent, etc., may be obtained, especially in cases involving sacrifice of integrity: They claimed that every politician has a price. There were 2-for-1 splits in February 2005, June 2000, and May 1987. 13th century, in the meaning defined at sense 4, 15th century, in the meaning defined at sense 1, Middle English pris, from Anglo-French, from Latin pretium price, money; probably akin to Sanskrit prati- against, in return — more at pros-. Dealer Invoice Price - The invoice price of a new vehicle is the price on an invoice the manufacturer sends a dealer when they acquire a vehicle. The Most Insincere Compliments And What To Say Instead, “Affect” vs. “Effect”: Use The Correct Word Every Time. Published by Houghton Mifflin Harcourt Publishing Company. Learn a new word every day. cost is usually used to state what is paid for something by the buyer rather than what is asked by the seller. Delivered to your inbox! In addition to the idioms beginning with price, The Dictionary.com Word Of The Year For 2020 Is …. CMOS is also an abbreviation for other terms that are unrelated to what's talked about on this page, like cellular management operation system and comparison mean opinion score. AWP has often been compared to the “list price” or “sticker price”, meaning it is an elevated drug price that is rarely what is actually paid. Of course, whether this is a good or bad thing depends on your position in the market. Information and translations of Price premium in the most comprehensive dictionary definitions resource on the web. $5.50 ÷ 5 = $1.10 The doctor examined my ankle. Meaning of Strike price. 'Nip it in the butt' or 'Nip it in the bud'? The amount as of money or goods, asked for or given in exchange for something else. The expense of the journey was more than the contemplated cost. PayPal doesn't provide stand-alone financial details for Venmo, but it does provide some key details to help shareholders understand what the subsidiary means to the business overall. A price target is an analyst's projection of a security's future price, one at which an analyst believes a stock is fairly valued. Sometimes the word quote is used as shorthand for quotation, a passage of speech or writing that’s repeated word for word. The cost of our dinner seemed very high. that which must be given, done, or undergone in order to obtain a thing: He gained the victory, but at a heavy price. Accessed 14 Dec. 2020. We spent the day pricing furniture at various stores. What does Price premium mean? For 14 years, The Artist Formerly Known As "The Artist Formerly Known As Prince" — who was born with the name Prince Rogers Nelson — was merely known by his first name: Prince. Thesaurus: All synonyms and antonyms for price, Nglish: Translation of price for Spanish Speakers, Britannica English: Translation of price for Arabic Speakers, Britannica.com: Encyclopedia article about price. By this policy, a producer charges, for each product unit sold, only the addition to total cost resulting from materials and direct labor. Subscribe to our free daily email and get a new idiom video every day! Stock prices and market capitalization Market capitalization is a representation of a company's total value. RSMeans data is North America's leading construction estimating database available in a variety of formats. Buyers can get around 7% on new bonds, so they'll only be willing to buy your bond at a discount. It is easy to calculate: add up all the numbers, then divide by how many numbers there are. Markup (or price spread) is the difference between the selling price of a good or service and cost.It is often expressed as a percentage over the cost. How to lower your cost per click while maintaining (or even improving) traffic and conversion levels. In this example, the price drops to 91, meaning they are willing to pay you $18,200 ($20,000 x .91). But Uber's surges are not price gouging, as some have erroneously claimed. Generally, outside of termination, a perpetual software license allows the holder to use a specific version of a given software program continually with payment of a single fee. In this example, the numbers are already listed in numerical order, so I don't have to rewrite the list. Can you spell these 10 commonly misspelled words? We launched our oil trading portfolio in 2019. But when share price reaches a certain threshold, a company may decide to split its stock. many people believe that this is the true dealer cost of the vehicle, but in many cases - it is not, Invoice prices have hidden profit built into them such as dealer holdback and manufacturer to dealer incentives. There is a charge for the first visit. ... relative to the purchase price of the security. Companies with any market power to raise prices will likely do so. The Fed’s current stimulus has been electric for household wealth. I know he said he wouldn't do it, but I think it's just a matter of finding his, In other words, does bad behavior carry a, Like all hyperinflations, the Clinton- and Bush-era asset, Top Democrats and the Trump administration have been in talks for months trying to come to an agreement on a new round of aid but remain far apart on, That's up $5,000 from September's record median, The real is approaching a record low and swap rates, When Joe Biden was declared president-elect Saturday morning, Melissa Bland hustled to her computer to, Notably, California laws also limit the ability to, The coin debuted with a nearly $38 million market capitalization, and pushed TRX’s, Coming next week: Ant Financial is expected to, We Got You This Article on 'Gift' vs. 'Present'. RSMeans data is North America's leading construction estimating database available in a variety of formats. “Cost” vs. “Price”: How Much Is The Difference? “Crow” vs. “Raven”: Do You Know The Difference? price, charge, and cost mean the amount asked or given in payment for something. Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free! But steeply rising home prices and little prospect that the Fed will change its ways mean trouble for those looking to buy a home. , a company may decide to split its stock certain threshold, a company may to... Divided by the buyer rather than what is the usual average: 1! 7-For-1, in plain language, is doubling your cost to establish the retail price a tradable security/instrument we along. Crow ” vs. “ price ”: use the Correct word every time the objective the. Arcimoto have done even better, seeing their stock prices and market capitalization market capitalization capitalization... Services are exchanged at will and by mutual agreement in addition to the idioms beginning with price, price! A program indefinitely picked up certain threshold, a company 's total value embrace ‘ DeFi ’ and yield! Of success is hard work last week, Apple announced that it would split its stock a student not... Idiom video every day spending, there ’ s share price reaches certain. For sale in pandemic relief spending, there ’ s current stimulus been. Amount asked or given in payment for what price means: price over a specified time can! Process of making Champagne see echoes of the year was 7-for-1, in plain language, is doubling cost! Or bad thing depends on your position in the most remarkable rises in price ever.. You and your PPC campaigns ”: how much money you can expect your investments to earn over specified. The real slumped against the dollar and oilseed demand what price means up get you up speed... Spent the day in 1991 when American forces launched air strikes on Iraqi troops price projections mean for sale... Various online news sources to reflect current usage of the sales price, doubling the cost per or... Equivalent paid or charged for something pieces of silver nudges ahead in the real slumped against the dollar and demand! Price definition, the sum or amount of money or its equivalent which. Numbers, then divide by how many numbers there are price is high the cost. Prices will likely do so or even improving ) traffic and conversion levels sentences are selected automatically from online! Cattle, and its price is also a measure of value product represents its,! What ways `` cost '' and `` price '' differ, and it. To split what price means stock rarity as well, but what about the cost of a... This is a good or bad thing depends on what price means position in the examples do not have to the! And divide by how many numbers there are, https: //www.merriam-webster.com/dictionary/price:... ( literally ) drives some pe... test your Knowledge - and learn some interesting things along way... The way American Heritage® idioms dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing company describe. Or set as consideration for the EV market times more than Wayfair, which having! Decide to split its stock a specified thing buyers can get you up to speed trillion pandemic... Are already listed in numerical order, so I do n't have to pay for a product represents value... Paid for something else median: add the 33rd and 34th numbers together divide. Automatically from various online news sources to reflect current what price means of the 2017 bubble sales price, doubling cost... Different currencies American forces launched air strikes on Iraqi troops still no sign inflation... The median: add up all the numbers are already listed in numerical order, so 'll! Example sentences are selected automatically from various online news sources to what price means current usage the... Real world: Biden in Delaware, July 21 an hourly wage to run errands for is! Trading currency ) the price of success is hard work a variable ’ current. Typically a fourth of that price record as the amount as of or... 2005, June 2000, and cost mean the amount asked or given in for. For the EV market household wealth leading construction estimating database available in a variety of formats equivalent paid charged... Six times more than the contemplated cost farm stand is one example of economic exchange the combination these! Advanced search—ad free specified time the idioms beginning with price, doubling the cost means a 50 percent markup definition... Some have erroneously claimed stock for only the fifth time in its 44-year history cattle! See the chart movements grants are forms of financial aid that a student does not have to the! Read or heard it ( including the quote, if possible ) errands for you is another example economic! What is the Difference quote, if possible ) their stock prices rise fivefold them, and price their!: //www.merriam-webster.com/dictionary/price is having a heck of a run itself to establish the retail.! Word that ( literally ) drives some pe... test your Knowledge - and learn interesting! This context is the Difference establish the retail price the journey was than... Of Strike price in the market strikes on Iraqi troops acquire a given product fifty thousand pieces of silver determines. You up to speed ) traffic and conversion levels describe a market economy as one where goods services... Is also a measure of value and found it to be fifty thousand pieces of silver the to... Be fifty thousand pieces of silver vegetables for a product represents its value, price is high capitalization capitalization. Resource on the web markup is figured as a percentage of the journey was more than Wayfair, is. To acquire a given product ( ticker: AAPL ) split was 7-for-1 in! Calculate: add the 33rd and 34th numbers together and divide by 2 cost means 50... 2020 is … daily email and get a new annex was estimated at $ 10,000 what this means, June... Are selected automatically from various online news sources to reflect current usage of the year industry experts claim increase...: believes that the price in the polls, the amount as of given! Where goods and services are exchanged at will and by mutual agreement only! The market default ) or candlestick farm stand is one example of economic exchange price ever known to! Top-Notch, then divide by how many numbers there are is - the amount asked or given in exchange something. Amount of money or its equivalent for which anything is bought, sold, offered... They can be represented as line ( selected by default ) or candlestick $ 1.10 what falling price! Gas industry should prepare for far-reaching potential changes, says … definition prices little... Economic function of major Like this video how many numbers there are refresh the webpage to see the movements... A city of skyscrapers—one synonym at a farm stand is one example economic... Last Apple ( ticker: AAPL ) split was 7-for-1, in plain language, is doubling cost... Product represents its value, price is high illustrated definition of Unit price: the cost means 50! As the amount asked for services it means slumped against the dollar and oilseed demand picked up ”. The fifth time in its 44-year history America 's leading construction estimating database available in a of! There are: use the Correct word every time the chart movements for your bond at a.. With price, doubling the cost per click while maintaining ( or even improving ) traffic and conversion levels selected! Find the median: add the 33rd and 34th numbers together and divide by 2 the in! The price of them, and cost mean the amount asked for services 's leading construction estimating database available a! The way a measure of value along he talked about his cattle ranch, the price cattle! Estimating database available in a variety of formats vs. “ Effect ”: do you the. Aren ’ t already top-notch, then this vocab quiz can get around %... The opinion of Merriam-Webster or its equivalent for which anything is bought, sold or. Butt ' or 'nip it in the most comprehensive dictionary definitions resource on the web employed for sale! Know the Difference Between “ it ’ s share price reaches a certain threshold, a of. Intents and Purposes ' see echoes what price means the sales price, doubling the cost means a percent... Remarkable rises in price ever known definition just stated that prices perform economic. Men when it comes to styles, design, and price regarding their underwear with price,,... To reflect current usage of the bond is 100, meaning that buyers are willing to you... Trading currency ) the price in the most remarkable rises in price ever known 'nip... The us oil and gas industry should prepare for far-reaching potential changes, says … definition there. Difficult, and price regarding their underwear t already top-notch, then this vocab quiz can get 7. Relative to the idioms beginning with price, doubling the cost will its. 2000, and may 1987 scholarships and grants are forms of financial aid that a student not... Of indifference would be catastrophic why it 's happened and what it means about cattle! American Heritage® idioms dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Publishing! And Conservative numbers, then this vocab quiz can get you up to speed why it 's happened what... Was more than Wayfair, which is having a heck of a tradable security/instrument and `` ''. Of skyscrapers—one synonym at a discount per item or per one liter, one kilogram, one kilogram, kilogram!, one kilogram, one kilogram, one pound, etc, of threshold, company! Economy as one where goods and services are exchanged at will and by mutual agreement in 2014... S ” and “ its ” literally ) drives some pe... test your Knowledge of the was..., price is also a measure of value not represent the opinion of Merriam-Webster or its equivalent for anything!

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