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shadow price

British  

noun

  1. economics the calculated price of a good or service for which no market price exists

"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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Funds can value themselves at $1 per share even if their underlying securities are worth between $0.9950 to $1.0050 per share -- a level of detail known as the funds' "shadow price".

From Reuters • Jan. 31, 2011

Starting Monday funds also were required by the SEC to make a monthly report of the shadow price of their shares.

From Reuters • Jan. 31, 2011

It listed a shadow price of $0.9998, according to a filing.

From Reuters • Jan. 31, 2011

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.