/ Dictionary / Index E equilibrium price: Meaning and Definition of Find definitions for: equilib'rium price" Pronunciation: [key] the price at which the quantity of a product offered is equal to the quantity of the product in demand. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. equilibrium equilibrium valve Related Content Daily Word Quiz: supercilious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language