How Do You Spell AUTHORIZED PRICE LIST?

Pronunciation: [ˈɔːθəɹˌa͡ɪzd pɹˈa͡ɪs lˈɪst] (IPA)

The spelling of the phrase "AUTHORIZED PRICE LIST" can be explained using the International Phonetic Alphabet (IPA). The first word, "authorized," is spelled [ˈɔːθəraɪzd], with stressed syllables on the first and third syllables. The second word, "price," is spelled [praɪs], with the stressed syllable on the first syllable. The final word, "list," is spelled [lɪst], with the stressed syllable on the first syllable. Overall, the phrase is pronounced as [ˈɔːθəraɪzd praɪs lɪst].

Meaning and Definition
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AUTHORIZED PRICE LIST Meaning and Definition

  1. An authorized price list refers to a compiled document or a catalog that outlines the approved and legal prices for goods, products, or services offered by a particular entity. This list is typically authorized by the respective governing body, organization, or company, thereby establishing a standard reference for pricing.

    The authorized price list serves as an authoritative source, ensuring transparency and consistency in pricing within a specific context. It aids in preventing price discrepancies or conflicts that may arise due to different interpretations or arbitrary pricing decisions. By clearly stating the approved prices, it provides customers or clients with a reliable reference when making purchasing decisions.

    The content presented in an authorized price list can include product descriptions, specifications, codes, and relevant pricing details such as cost per unit, package deals, or volume discounts. It may also contain additional information such as minimum order quantities, terms of sale, or any applicable taxes or fees.

    Authorized price lists are prevalent in various industries including retail, manufacturing, healthcare, and government procurement. They may be distributed in various formats, such as physical printouts, digital files, or online platforms, to ensure accessibility to authorized users or potential customers.

    In summary, an authorized price list is a dependable and officially recognized documentation of prices, playing a crucial role in providing clarity and standardization for pricing arrangements within a given domain.