1. shadow price - Noun
2. shadow price - Verb
shadow price (plural shadow prices)
(economics) A price for a resource, good, or service which is not based on actual market exchanges, but is mathematically derived from indirect data obtained from related markets.
shadow price (third-person singular simple present shadow prices, present participle shadow pricing, simple past and past participle shadow priced)
(transitive, economics) To calculate a shadow price for.