Definitions for list price
list price

Princeton's WordNetRate this definition:0.0 / 0 votes

1. list pricenoun

   the selling price of something as stated in a catalogue or price list; often subject to discounts

   "I got it at 30% off the list price"

WiktionaryRate this definition:0.0 / 0 votes

1. list pricenoun

   The retail selling price of an item, as recommended by the manufacturer or retail distributor, or as listed in a catalog.

WikipediaRate this definition:0.0 / 0 votes

1. List price

   The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product. Suggested pricing methods may conflict with competition theory, as they allow prices to be set higher than would be established by supply and demand. Resale price maintenance—fixing prices—goes further than suggesting prices, and is illegal in many countries. Retailers may charge less than the suggested retail price, depending upon the actual wholesale cost of each item, usually purchased in bulk from the manufacturer, or in smaller quantities through a distributor. The suggested price is sometimes unrealistically high, so the seller can appear to be offering a discount. List price often cannot be compared directly internationally as products may differ in detail, sometimes due to different regulations, and list prices may or may not include taxes.

ChatGPTRate this definition:0.0 / 0 votes

1. list price

   The list price, also known as the manufacturer's suggested retail price (MSRP), is the suggested price at which a manufacturer or producer recommends that a retailer sell a product to consumers. It is typically higher than what a retailer might actually sell the product for because it allows for negotiating room or for the retailer to offer discounts to make the product appear more attractive to consumers. The list price does not typically include any sales tax or shipping costs.

Matched Categories

1. • Asking Price

How to pronounce list price?

1. Alex

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How to say list price in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of list price in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of list price in Pythagorean Numerology is: 3

Examples of list price in a Sentence

1. Procter Gamble:

   This list price increase is to address a specific portion of input cost inflation that has occurred as prices for commodities have increased.

2. Heather Bresch:

   Had we reduced the list price, I couldn’t ensure that everyone who needs an EpiPen gets one.

3. Lawrence Yun:

   We're witnessing a housing recession in terms of declining home sales and home building, however, it's not a recession in home prices. Inventory remains tight and prices continue to rise nationally with nearly 40 % of homes still commanding the full list price.

4. Amgen Inc:

   Not only does the rule raise serious freedom of speech concerns, it mandates an approach that fails to account for differences among insurance, treatments and patients themselves, by requiring disclosure of list price, most importantly, it does not answer the fundamental question patients are asking: 'What will I have to pay for my medicine?'.

5. Caitlin Oakley:

   Actions announced today on list prices further illustrate the perverse incentives of America's drug pricing system, drug companies raising their prices and offsetting them with higher rebates benefits everyone but the consumer, who routinely pays out of pocket based on list price.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=list price
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/List_Price
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/List_Price
4. ^ ChatGPT
   https://chat.openai.com