Words / H / Business

hedonic

adjective/hiːˈdɒnɪk/

C2CEFR level
80/100Rarity: very rare
TechnicalRegister

Relating to the valuation of a good by decomposing its price into the worth of its separate attributes.

A hedonic model attributed most of the house's premium to its short walk from the station.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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