An Etymological Dictionary of the German Language/Annotated/preisen
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preisen, verb, ‘to praise, commend,’ from Middle High German prîsen, weak verb, ‘to assign the prize, praise, extol’ (in the 15th century it passed over to the strong verbs); formed from French priser, ‘to value, estimate’ (compare Italian prezzare, Middle Latin prĕtiare), whence Dutch prijzen, English to praise. With regard to the period at which the word was borrowed compare Preis.