prevailing price - meaning and definition. What is prevailing price
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What (who) is prevailing price - definition

OR ANTI-TRADES, PREVAILING WINDS FROM THE WEST TOWARD THE EAST IN THE MIDDLE LATITUDES
Prevailing westerlies; Prevailing Westerlies; Upper air westerlies; Anti-trades; Recurvature; Westerly wind
  • The westerlies (blue) and [[trade wind]]s (yellow and brown)
  • South Pacific anticyclone]] (blue)

prevailing         
WIKIMEDIA DISAMBIGUATION PAGE
Prevailing (disambiguation)
a.
1.
Effectual, dominant, predominant, efficacious, preponderating, persuading, controlling, ruling, overruling, influential, operative, successful.
2.
Prevalent, most common, most general.
price tag         
  • An orange price tag roll
LABEL DECLARING THE PRICE OF AN ITEM FOR SALE
Price tagging; Pricetags; Price label
also price-tag (price tags)
1.
If something has a price tag of a particular amount, that is the amount that you must pay in order to buy it. (WRITTEN)
The price tag on the 34-room white Regency mansion is ?17.5 million.
N-COUNT
2.
In a shop, the price tag on an article for sale is a small piece of card or paper which is attached to the article and which has the price written on it.
N-COUNT
price tag         
  • An orange price tag roll
LABEL DECLARING THE PRICE OF AN ITEM FOR SALE
Price tagging; Pricetags; Price label
¦ noun a label showing the price of an item.
?the cost of something.

Wikipedia

Westerlies

The westerlies, anti-trades, or prevailing westerlies, are prevailing winds from the west toward the east in the middle latitudes between 30 and 60 degrees latitude. They originate from the high-pressure areas in the horse latitudes and trend towards the poles and steer extratropical cyclones in this general manner. Tropical cyclones which cross the subtropical ridge axis into the westerlies recurve due to the increased westerly flow. The winds are predominantly from the southwest in the Northern Hemisphere and from the northwest in the Southern Hemisphere.

The westerlies are strongest in the winter hemisphere and times when the pressure is lower over the poles, while they are weakest in the summer hemisphere and when pressures are higher over the poles. The westerlies are particularly strong, especially in the Southern Hemisphere (called also 'Brave West winds' at striking Chile, Tasmania and New Zealand), in areas where land is absent, because land amplifies the flow pattern, making the current more north–south oriented, slowing the westerlies. The strongest westerly winds in the middle latitudes can come in the roaring forties, between 40 and 50 degrees latitude. The westerlies play an important role in carrying the warm, equatorial waters and winds to the western coasts of continents, especially in the southern hemisphere because of its vast oceanic expanse.

Examples of use of prevailing price
1. News Corp made a bid for $60 a share in cash or a combination of cash and stock which is 67 per cent above the prevailing price for the family–controlled media company.
2. If the company, which is controlled by Nochi Dankner‘s IDB group, gets the price it wants, this will represent a roughly 15% premium over prevailing price levels for that area.
3. During his testimony, Kohli said he had made cash payments to Bahel and rented two luxury apartments to him on a discounted rent and then sold them at much lower than the prevailing price.