price discrimination


noun
  1. the practice of offering identical goods to different buyers at different prices, when the goods cost the same.

Origin of price discrimination

1
First recorded in 1955–60

Words Nearby price discrimination

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How to use price discrimination in a sentence

British Dictionary definitions for price discrimination

price discrimination

noun
  1. economics the setting of different prices to be charged to different consumers or in different markets for the same goods or services

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