Definition of street price in English:

street price

noun

  • 1The price at which something is available on the street. Hence (in later use): the price which something, especially a quantity of drugs, fetches when sold illicitly.

  • 2The price at which something is available in shops, especially when this is lower than the recommended retail price.

Origin

Mid 19th century; earliest use found in Daily Sentinel & Gazette (Milwaukee, Wisconsin). From street + price.

Pronunciation

street price

/ˌstriːt ˈprʌɪs/