가격
The amount of money expected, required, or given in payment for something. It is a central term in economics and daily commerce.
Examples
3 of 5이 가방의 가격은 얼마입니까?
What is the price of this bag?
공급이 부족하면 가격이 상승하는 경향이 있습니다.
When supply is short, prices tend to rise.
가격이 너무 비싼 것 같아.
I think the price is too expensive.
Word Family
Memory Tip
Ga-gyeok: Sounds like 'Got-yak'. You got the yak for a certain price.
Quick Quiz
이 물건은 품질에 비해 ___이 저렴합니다.
Correct!
The correct answer is: 가격
Examples
이 가방의 가격은 얼마입니까?
everydayWhat is the price of this bag?
공급이 부족하면 가격이 상승하는 경향이 있습니다.
formalWhen supply is short, prices tend to rise.
가격이 너무 비싼 것 같아.
informalI think the price is too expensive.
가격 경쟁력은 기업의 생존에 중요한 요소이다.
academicPrice competitiveness is an important factor in a company's survival.
시장 가격을 조사하여 보고해 주세요.
businessPlease research and report the market price.
Word Family
Common Collocations
Common Phrases
가격이 싸다/비싸다
the price is cheap/expensive
가격을 정하다
to set the price
가격표
price tag
Often Confused With
가격 is the 'price' of an item, while 비용 is the 'cost' or 'expense' of an action or service.
Usage Notes
Essential for IELTS Task 1 (graphs about retail/commodities) and Task 2 (consumerism).
Common Mistakes
Saying '가격이 높다' (price is high) is correct, but learners often use '비싸다' (expensive) as an adjective for the word '가격' itself, which is slightly redundant (use '가격이 비싸다' or just '비싸다').
Memory Tip
Ga-gyeok: Sounds like 'Got-yak'. You got the yak for a certain price.
Word Origin
From Sino-Korean 價格 (가격), meaning 'value' and 'standard'.
Grammar Patterns
Cultural Context
Bargaining (가격을 깎다) is common in traditional markets in Korea, but not in department stores.
Quick Quiz
이 물건은 품질에 비해 ___이 저렴합니다.
Correct!
The correct answer is: 가격
Related Grammar Rules
Related Vocabulary
More business words
내실
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축소되다
B2To be reduced in size, scale, or quantity; to be downsized.
공신력
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잠식
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금융
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실행 가능성
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다국적
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재정적
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중점
B2The most important point or the focus of attention in a plan, policy, or argument. It refers to where emphasis is being placed.
제약요인
B2A factor that restricts or limits a process, action, or development. It is often used in analysis to identify obstacles to success.
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