noun, noun which may take the genitive case particle 'no'
Refers to a high price level, often used in economic or commercial contexts. Can modify nouns with の.
High-priced products don't sell easily.
Housing in this area is expensive.
高価格 means 'high price', the direct opposite of 低価格 in retail and business contexts.
Compound of 高 (high) + 価格 (price). The exact historical derivation is uncertain, but the meaning is transparent from its components.