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TeachMeFinance.com - explain Real price Real price The term 'Real price' as it applies to the area of energy can be defined as ' A price that has been adjusted to remove the effect of changes in the purchasing power of the dollar. Real prices, which are expressed in constant dollars, usually reflect buying power relative to a base year'. Previous 5 Terms: Reactor, nuclear Ready reserve Real dollars real numbers Real Power Next 5 Terms: real time re-allotment of square units Real-Time Real-Wage Differential Rear Flank Downdraft About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.