Price

The sum of money for which an article is sold; also, the equivalent or compensation, in whatever form received, for property sold. The first and general meaning originates in the fact that property is ordinarily sold for money; not because the word has necessarily such a restricted meaning.' 1 Commonwealth v. Howe, 133 Mass. 858 (1883), C., Allen, J. As to title to the property, see 34 Cent Law J. 103 (1887), Eng. cases. I ' 1 Story, Eq. § 709. ' 3 [Weston V. Cushing, 45 Vt. 537 (1873). • Sanger, &c. R. Co. v. Chamberlain, 60 Me. 886 (1878); Hawkins v. Nowland, 5S Mo. 330 (1873). The Latin is pretium, reward, value, estimation, equivalent. Webster shows that "price" is sometimes still used in this sense. ^ Cost price. The price paid for a thing, as, for goodB.2 Prices-current. Prepared by parties furnishing them in the ordinary course of business, may be used as evidence of the value of the articles mentioned in them. 3 See Book, 1; Science. See also Cash; Cost; Inade<jcacy; Market-price; Value.