list price
Definition
Noun: - The selling price of something as stated in a catalogue or price list; often subject to discounts. This is the official, advertised price set by the manufacturer or retailer before any reductions are applied.
Usage
The term "list price" is used to refer to the standard, non-negotiated price of an item. It serves as a baseline from which discounts, sales, or negotiated prices are calculated. It is commonly seen in retail, automotive sales, and business-to-business transactions.
Examples
- The list price for the new smartphone is $999.
- Always check if the store is offering a discount from the manufacturer's list price.
- The car's list price was $35,000, but we negotiated a better deal.
Advanced Usage
- At list price: Sold for the full, undiscounted amount.
- Few customers ever pay the full list price for a new car.
- Off the list price: Indicates a discount or reduction from the official price.
- The contractor offered us a 15% discount off the list price.
Variants and Related Words
- Manufacturer's Suggested Retail Price (MSRP): A specific type of list price recommended by the manufacturer. While similar, "MSRP" is a more formal term often used for consumer goods.
- Sticker price: A common synonym, especially in the context of automobiles, referring to the price displayed on the vehicle's window sticker.
- Asking price: Often used in private sales or real estate, indicating the price the seller initially requests, which may be negotiated.
Synonyms
- Sticker price
- Asking price
- Recommended price
- Published price
Antonyms
- Sale price
- Discounted price
- Net price
- Final price
Related Phrases
- Below list price: Sold for less than the official price.
- We managed to buy the furniture below list price during the holiday sale.
- Above list price: Sold for more than the official price, which can occur with high-demand items.
- Due to scarcity, the collectible was selling above list price on the secondary market.
Noun
-
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
-
