Definition of price

• the amount of money needed to purchase something; "the price of gasoline"; "he got his new car on excellent terms"; "how much is the damage?"
• the property of having material worth (often indicated by the amount of money something would bring if sold); "the fluctuating monetary value of gold and silver"; "he puts a high price on his services"; "he couldnt calculate the cost of the collection"
• value measured by what must be given or done or undergone to obtain something; "the cost in human life was enormous"; "the price of success is hard work"; "what price glory?"