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Thursday, September 5, 2013

Term of the Day: Priced Out



September 5, 2013
Priced Out
The state of being unable to invest in a particular market or purchase a particular product or service. When someone is priced out of a market, their choices are to simply remain out of the market, to wait for the market to become more affordable, to improve their own financial situation to the point where they can afford to buy, or, if possible, to consider a different market. For example, someone who was priced out of the luxury car market could look at economy cars instead.
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