1. To determine the price of the various constituent parts or elements of a larger project. A noun or pronoun can be used between "price" and "out." I'm pricing out parts for a new desktop computer I'm looking to build. We'll need to price out the trip to Africa—we'll need to budget for much more than just flights and accommodation.

2. To research the various prices one can find for a particular thing or service. A noun or pronoun can be used between "price" and "out." We need to start pricing out a new car—this one's on its last leg. Megan's going to price venues out for the ceremony next weekend.