Word: List Price
Definition: The "list price" is the amount of money that a seller says a product or service costs. This price is usually found in a catalog or price list. It's important to know that the list price can often be lower because of discounts or sales.
Usage Instructions: - You can use "list price" when talking about the original price of a product before any discounts are applied. - It’s often used in shopping, marketing, and sales discussions.
Example: - "The list price of the new smartphone is $800, but I bought it for $600 during a sale."
Advanced Usage: - In business discussions, you might hear phrases like "the list price may vary," meaning that it can change depending on different factors like location or promotions.
Word Variants: - There aren’t many direct variants of "list price," but you might encounter "retail price" or "sticker price," which can sometimes have similar meanings.
Different Meanings: - While "list price" usually refers to the selling price, in other contexts, it could refer to a suggested price that sellers use as a guideline.
Synonyms: - Retail price - Sticker price - Catalog price
Idioms and Phrasal Verbs: - There aren’t specific idioms or phrasal verbs that include "list price," but you might hear phrases like "off the list price," which means a discount from the original price.
Summary: The list price is the official price of an item before any discounts.