How Do You Spell LIST PRICE?

Pronunciation: [lˈɪst pɹˈa͡ɪs] (IPA)

The correct spelling of the word "list price" is /lɪst praɪs/. The first syllable "list" is pronounced with a short "i" sound and the "s" is pronounced as a voiceless consonant. The second syllable "price" is pronounced with a long "i" and a voiceless consonant at the end. This spelling is important in business and commerce, as it refers to the official or suggested price for a product or service. It is also sometimes referred to as the manufacturer's suggested retail price (MSRP).

LIST PRICE Meaning and Definition

  1. List price refers to the official or suggested selling price of a product or service set by the manufacturer, distributor, or retailer. It is the price at which the seller offers the product to potential buyers before any discounts or negotiations. Also known as the manufacturer’s suggested retail price (MSRP) or recommended retail price (RRP), the list price acts as a reference point for pricing negotiations and the basis for determining discounts or promotions.

    List price reflects the value or perceived worth of the product or service, taking into account factors such as production costs, market demand, competition, and profit margins. It serves as a starting point for both the buyer and the seller to engage in bargaining or negotiate better terms. While the list price is commonly displayed on price tags or websites, it does not necessarily represent the final amount paid by the customer.

    Customers often compare list prices from different sellers to make informed purchase decisions and seek better deals. Discounts, promotions, or sales campaigns can lower the final price below the list price, encouraging sales and driving customer interest. However, some high-end or luxury products may maintain their list prices consistently as a part of their brand positioning and to maintain an image of exclusivity.

Common Misspellings for LIST PRICE

  • kist price
  • pist price
  • oist price
  • lust price
  • ljst price
  • lkst price
  • lost price
  • l9st price
  • l8st price
  • liat price
  • lizt price
  • lixt price
  • lidt price
  • liet price
  • liwt price
  • lisr price
  • lisf price
  • lisg price

Etymology of LIST PRICE

The word "list price" originated from the Old English word "līst" which means "to please, desire, want". It later evolved to mean "to choose or desire for a particular purpose" in Middle English. The word "price" is derived from the Old French word "pris", meaning "value, worth, or reward". Therefore, "list price" refers to the desired or chosen value or worth of a product or service.

Similar spelling words for LIST PRICE

Plural form of LIST PRICE is LIST PRICES

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