/ Dictionary / Index A administered price: Meaning and Definition of Find definitions for: admin'istered price' Pronunciation: [key] a price that is determined administratively rather than by changes in supply and demand. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. administer administerial Related Content Daily Word Quiz: procrastinate Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language