Words / P / Business

price-maker

noun/ˈpraɪsˌmeɪkə/

C1CEFR level
55/100Rarity: uncommon
TechnicalRegister

A firm with enough market power to set its own price rather than accept the market's.

As the sole regional supplier, the utility is a price-maker constrained only by the regulator.

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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More business words: Economics