| 单词 | real price |
| 释义 | real pricereal pricethe PRICE of a PRODUCT or FINANCIAL SECURITY measured in constant price terms to make allowance for the effects of INFLATION. For example, although the price of a product increases from, say, £1 to £1.10 (a 10% increase) between 2002 and 2004, if during this period the general price level had risen by 20%, then the real price of the product would have fallen. Contrast NOMINAL PRICE. See PRICE INDEX. |
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