price maker

Definition

An individual or company which is influential enough to affect the price of an item. Someone who holds a large majority of a stock would likely affect the price of the stock if they bought or sold it. The term is most often applied to companies, specifically those who have a monopoly in their market, and are therefore able to choose and demand a specific price for their goods. Companies or individuals can exert varying degrees of influence, so it is not always easy to classify someone as a price maker. opposite of price taker.

Use price maker in a sentence

As the largest price maker in the cable industry, Comcast was able to dictate the price consumers paid for their cable TV nationwide.

​ Was this Helpful? YES  NO 8 people found this helpful.

The king of the land gave the royal price maker a decree to quadruple the going rate of milk as ell as cows to meet the increasing demand.

​ Was this Helpful? YES  NO 2 people found this helpful.

Business Place, Inc. is the industry price maker for their new product line because no other company's product can compete with the Buisness Place, Inc. product quality.

​ Was this Helpful? YES  NO 7 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
price limit price mechanism