German · Work & Business
Price
The cost of something.
Was ist der Preis?
What is the price?
'Preis' derives from the Latin word 'pretium', meaning 'price' or 'value', which transitioned into the Old High German 'priz' during the Middle Ages. The term reflects the importance of commerce and valuation in trade throughout German-speaking areas.
'Preis' is used in both formal and informal contexts, particularly in business, retail, and discussions regarding value. It is frequently found in written forms such as receipts and advertisements, as well as in spoken conversations.