price skimming
price skimming noun: a price-setting strategy in which a new product or service is offered at the highest practical price (to capture consumer surplus or exploit a monopolistic position), and that price is then lowered over time.
Noun
price skimming (uncountable)
- A price-setting strategy in which a new product or service is offered at the highest practical price (to capture consumer surplus or exploit a monopolistic position), and that price is then lowered over time.
price skimming meaning in Tamil
price skimming in Tamil
- கடைந்தெடுக்கும் விலை, அதிக விலை
Questions about price skimming
- What does price skimming mean?
- Price skimming means a price-setting strategy in which a new product or service is offered at the highest practical price (to capture consumer surplus or exploit a monopolistic position), and that price is then lowered over time.
- What is price skimming in Tamil?
- Price skimming in Tamil is கடைந்தெடுக்கும் விலை, அதிக விலை. See Price skimming meaning in Tamil.
- What part of speech is price skimming?
- Price skimming is a noun.
Words near price skimming in the dictionary
Source and license
Adapted from Wiktionary: price skimming (page history and authors); price skimming (Tamil Wiktionary) (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “price skimming.” Word.ws, https://word.ws/price_skimming. Based on Wiktionary, CC BY-SA 4.0.
