PRICE , the
See also:equivalent in
See also:money for which a commodity is sold or
See also:purchased, the value of anything expressed in terms of a
See also:medium of
See also:exchange (see VALUE and
See also:WEALTH) . The word is a doublet of " praise,"
See also:commendation, eulogy,
See also:Lat. laus, and " prize," a
See also:reward of victory, the ultimate source of which is the Lat. pretium; the
See also:par-, to buy, is seen in Skr. papa, wages, reward, Gr . 7r0rpaQrceev, to sell, &c . The O . Fr. pris, mod. prix, was taken from a
See also:Late Latin
See also:form precium, and had the various meanings of the
See also:English, " price," " prize," and " praise "; it was adapted in English as pris or prise and was gradually differentiated in form for the different meanings; thus " praise " was
See also:developed from an earlier verbal form preise or preyse in the 15th century; the
See also:original meaning survives in " appraise," to set a value to anything, cf. the cur-
See also:rent meaning of " to prize," to value highly . " Prize," re-
See also:ward, does not appear as a
See also:separate form till the 16th century . In " prize-fight," a boxing contest for money, the idea of reward seems clear, but the word appears earlier than the form " prize " in this sense and means a contest or match, and may be a different word altogether; the New English
See also:Dictionary compares the Greek use of aBXov, literally reward, hence contest . " Prize " in the sense of that which is captured in war, especially at
See also:sea, is a distinct word . It comes through the Fr. prise, early Romanic presa for prensa, from Lat. praehendere, to seize, capture . For the
See also:law on the subject see PRIZE .
BARTHOLOMEW PRICE (1818–1898)
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