| Main Entry: | congestion pricing |
| Part of Speech: | n |
| Definition: | the use of increased prices to charge the overusers of public goods, esp. during certain periods of time or at the places where congestion occurs; also, a new usage tax or charge when peak demand exceeds available supply; also called peak pricing |
| Example: | A few other cities around the world already use or have tried congestion pricing schemes, including Singapore. |