recommended retail price
11suggested retail price — Selling price recommended to retailer by manufacturer of goods …
12price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …
13Price — For the surname, see Price (surname). For other uses, see Price (disambiguation). Contents 1 Definition 2 Economic Definition 3 …
14price — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ exorbitant, high, inflated, prohibitive, steep ▪ They charge exorbitant prices for their goods. ▪ The price of fuel is prohibitive …
15manufacturer's recommended price — ➔ price1 * * * manufacturer s recommended price UK US noun [C] (ABBREVIATION MRP, also manufacturer s suggested retail price, ABBREVIATION MSRP) …
16manufacturers' recommended price — MRP See recommended retail price …
17resale price maintenance — RPM Formerly, an agreement between a manufacturer, wholesaler, or retailer not to sell a specified product below a fixed price, usually one given by the manufacturer. The purpose was to ensure that all parties were allowed to make a reasonable… …
18trade price — The price paid for goods to a wholesaler or manufacturer by a retailer. It is usually the recommended retail price less the trade discount …
19price maintenance — ▪ economics also called resale price maintenance measures taken by manufacturers or distributors to control the resale prices of their products charged by resellers. The practice is more effective in retail sales than at other levels of… …
20off-price — adj. US involving merchandise sold at a lower price than that recommended by the manufacturer. * * * ˈ ̷ ̷ ¦ ̷ ̷ adjective : of, relating to, selling, or being discounted merchandise an off price store off price apparel * * * /awf pruys , of /,… …
