Definition of the word price tag

The term "price tag" refers to the visible label or sticker that displays the cost of a product. The roots of this expression can be traced back to the early 20th century in the United States, where it emerged alongside the rise of mass-produced consumer goods and standardized pricing. Initially, these labels were simply known as "prices" or "price marks"—simply indicating the amount that must be paid for an item. However, as the use of logos, branding, and packaging became more common, especially in the retail industry, the term "price tag" gained popularity as a more descriptive and distinctively named object. By the mid-20th century, "price tag" had become a commonly used phrase in commercial and marketing conversations, and today, it is an ordinary and widely understood term in English-speaking regions.