price skimming
Definitions
A price-setting strategy in which a new product or service is offered at the highest practical price (to capture consumer surplus or exploit a monopolistic position), and that price is then lowered over time.
Equivalents
Françaisécrémage
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free