selling price
Noun: - The price at which something is offered for sale: The amount of money a seller asks for in exchange for a good or service. This is the final price presented to the buyer, which may include costs, taxes, and a profit margin for the seller.
The term "selling price" is used to specify the final, stated cost of an item that a customer must pay to purchase it. It is a key term in commerce, retail, and finance. - It is often contrasted with other price points like the "cost price" (what the seller paid) or the "list price" (a suggested retail price). - It is typically used in singular form, e.g., "the selling price," but can be pluralized when referring to multiple items, e.g., "the selling prices of houses vary."
- Noun:
- The selling price of the car was $25,000.
- They could not agree on a fair selling price for the antique vase.
- The store reduced the selling price of all winter clothing by 50%.
- "To determine/calculate the selling price": To figure out what price to charge, often by adding a markup to the cost.
- The manager calculated the selling price by adding a 30% profit margin to the wholesale cost.
- "Selling price point": A specific price chosen for marketing or competitive reasons.
- The product's selling price point was set to undercut the competition.
- List Price (n): The manufacturer's suggested retail price (MSRP).
- Retail Price (n): The price at which goods are sold to the final consumer, often synonymous with selling price in a store.
- Asking Price (n): The price at which something, especially property, is initially offered for sale.
- Sale Price (n): A temporary or discounted selling price.
- Retail price
- Asking price
- Market price (when referring to the current price at which an asset can be sold)
- Cost price: The original price paid for an item by the seller.
- Purchase price: The price a buyer pays (can be the same as the selling price, but viewed from the buyer's perspective).
- Wholesale price: The price charged for goods sold in large quantities, typically to retailers.
- "To set the selling price": To establish the price for an item.
- The committee met to set the selling price for the new software.
- "Below/above the selling price": Referring to amounts lower or higher than the stated sale price.
- He made an offer below the advertised selling price.
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the price at which something is offered for sale
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