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price scissors. In DICTIOUS you will not only get to know all the dictionary meanings for the word
price scissors, but we will also tell you about its etymology, its characteristics and you will know how to say
price scissors in singular and plural. Everything you need to know about the word
price scissors you have here. The definition of the word
price scissors will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
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English
Etymology
Calque of Russian ножницы цен (nožnicy cen), in reference to the two price trends appearing as the blades of a pair of scissors.
Noun
price scissors pl (plural only)
- (economics) The phenomenon where, for a certain group or sector of productive population, the overall valuation from their production for sale outside the group drops below the valuation of the demand of the group for goods produced outside the group after a period of reasonable equilibrium. For example, changing world price levels cause a country's exports to plummet in value, while the valuation of its imports remains relatively stable.
Hyponyms