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Price vs Quantity - What's the difference?

price | quantity |

As nouns the difference between price and quantity

is that price is the cost required to gain possession of something while quantity is a fundamental, generic term used when referring to the measurement (count, amount) of a scalar, vector, number of items or to some other way of denominating the value of a collection or group of items.

As a verb price

is to determine the monetary value of (an item), to put a price on.

As a proper noun Price

is {{surname|Welsh patronymic|from=Welsh}}, anglicized from {{term|ap|lang=cy}} {{term|Rhys|lang=cy}}.

As a phrase PRICE

is protect, rest, ice, compression, and elevation. A common treatment method for sprained joints.

price

English

Noun

(en noun)
  • The cost required to gain possession of something.
  • * Shakespeare
  • We can afford no more at such a price .
  • * , chapter=3
  • , title= Mr. Pratt's Patients , passage=My hopes wa'n't disappointed. I never saw clams thicker than they was along them inshore flats. I filled my dreener in no time, and then it come to me that 'twouldn't be a bad idee to get a lot more, take 'em with me to Wellmouth, and peddle 'em out. Clams was fairly scarce over that side of the bay and ought to fetch a fair price .}}
  • The cost of an action or deed.
  • Value; estimation; excellence; worth.
  • * Bible, Proverbs xxxi. 10
  • Her price is far above rubies.
  • * Keble
  • new treasures still, of countless price

    Derived terms

    * list price * pool price * price-conscious * price stability * purchase price * reserve price * selling price * shadow price * spot price * starting price * strike price * upset price

    Verb

    (pric)
  • To determine the monetary value of (an item), to put a price on.
  • (obsolete) To pay the price of, to make reparation for.
  • * 1590 , Edmund Spenser, The Faerie Queene , I.ix:
  • Thou damned wight, / The author of this fact, we here behold, / What iustice can but iudge against thee right, / With thine owne bloud to price his bloud, here shed in sight.
  • (obsolete) To set a price on; to value; to prize.
  • (colloquial, dated) To ask the price of.
  • to price eggs

    quantity

    Noun

    (quantities)
  • A fundamental, generic term used when referring to the measurement (count, amount) of a scalar, vector, number of items or to some other way of denominating the value of a collection or group of items.
  • You have to choose between quantity and quality.
  • An indefinite amount of something.
  • Some soap making oils are best as base oils, used in a larger quantity''' in the soap, while other oils are best added in a small '''quantity .
    Olive oil can be used practically in any quantity .
  • A specific measured amount.
  • This bag would normally costs $497.50 for a quantity of 250, at a price of $1.99 per piece.
    Generally it should not be used in a quantity larger than 15 percent.
  • A considerable measure or amount.
  • The Boeing P-26A was the first all-metal monoplane fighter produced in quantity for the U.S. Army Air Corps.
  • (metrology) Property of a phenomenon, body, or substance, where the property has a magnitude that can be expressed as number and a reference.
  • (mathematics) Indicates that the entire preceding expression is henceforth considered a single object.
  • x plus ''y'' quantity squared equals ''x'' squared plus ''2xy'' plus ''y'' squared .
  • * 2006 , Jerome E. Kaufmann and Karen Schwitters, Elementary and Intermediate Algebra: A Combined Approach , p 89
  • For problems 58-67, translate each word phrase into an algebraic expression.
    (...)
    65. x plus 9, the quantity squared
  • * 2005 , R. Mark Sirkin, Statistics For The Social Sciences , p137
  • The second, (\sum x)^2, read "summation of x, quantity squared," tells us to first add up all the xs to get \sum x and then square \sum x to get (\sum x)^2.
  • * 1985 , Serge Lang, Math!: Encounters with High School Students , p54
  • ANN. ra quantity cubed.
    SERGE LANG. That's right, (ra)^3.

    Usage notes

    * In mathematics, used to unambiguously orate mathematical equations; it is extremely rare in print, since there is no need for it there.

    Synonyms

    * Qty

    See also

    * measure * unit