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dynamic pricing

British  

noun

  1. commerce offering goods at a price that changes according to the level of demand, the type of customer, or the state of the weather

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Dynamic pricing models—long controversial in China—are becoming more sophisticated, adjusting not only for demand but also for timing, user behavior, and competitive context.

From Barron's

Some fans have also accused Ticketmaster and resale platforms of dynamic pricing, prompting an investigation.

From BBC

Ticket prices will not change during the sale, it said, reflecting concerns over so-called "dynamic pricing".

From BBC

The entities have begun implementing dynamic pricing that can be adjusted based on demand, though they remain constrained by a new process that will be improved into a more nimble operation in the future.

From Los Angeles Times

The company has denied that it was ever engaged in dynamic pricing or surveillance pricing, saying that prices didn’t change in real-time or in response to personal, demographic, or behavioral data.

From The Wall Street Journal