unpriced

[uhn-prahyst]

adjective

1. not priced; having no price shown or set.

2. beyond price; priceless.

unpriced

/ ʌnˈpraɪst /

adjective

1. having no fixed or marked price

2. poetic,  beyond price; priceless

Word History and Origins

Origin of unpriced¹

First recorded in 1775–85; un- ¹ + price ( def. ) + -ed ² ( def. )

Example Sentences

“In the reshaping of finance when it comes to the transition to a low-carbon economy, this is the reshaping: looking at the unpriced risks, looking at opportunities in the transition. We believe that, if managed in an orderly fashion, that could actually produce better risk-adjusted returns for our clients’ portfolios.”

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“This is how you think about it, and one would have more unpriced risks than the other.”

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“In the reshaping of finance when it comes to the transition to a low carbon economy, this is the reshaping: looking at the unpriced risks, looking at opportunities in the transition. We believe that, if managed in an orderly fashion, that could actually produce better risk-adjusted returns for our clients’ portfolios.”

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Griffin said in the article that his years of research concluded that "unpriced risk" was the "main cause" of the 2007-08 Great Recession and companies are once again failing to assess the damage extreme weather events can wreak on their business.

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Griffin added the amount of "unpriced risk" in the energy market is significant, noting this is what causes the Great Recession.

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