LISTPRICE Meaning and
Definition
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List price refers to the established or suggested selling price of a product or service that is set by the manufacturer, retailer, or provider. It is the price at which the item or service is intended to be sold to customers before any discounts, negotiations, or modifications.
List prices are typically published in catalogs, brochures, websites, or any other marketing materials. They serve as a reference to provide customers with an indication of the product or service's value. List prices are usually subject to change due to various factors such as market demand, production costs, or competition.
List prices are often used as a starting point for negotiations, especially in situations where customers or clients are eligible for discounts or special offers. In some cases, list prices are deliberately set higher than the actual selling price to create a perceived value and allow room for negotiation.
It is important to note that list prices may vary between different regions, organizations, or sectors. Additionally, list prices are sometimes different from the actual price paid by the buyer due to factors such as promotional campaigns, bulk purchasing, or individual negotiations.
In summary, list price refers to the published or suggested selling price of a product or service before any discounts, negotiations, or modifications, serving as a reference for buyers and a starting point for negotiations.
Common Misspellings for LISTPRICE
- kistprice
- pistprice
- oistprice
- lustprice
- ljstprice
- lkstprice
- lostprice
- l9stprice
- l8stprice
- liatprice
- liztprice
- lixtprice
- lidtprice
- lietprice
- liwtprice
- lisrprice
- lisfprice
- lisgprice
- lisyprice
- lis6price
Etymology of LISTPRICE
The word "listprice" is a compound term made up of the words "list" and "price".
The word "list" comes from the Old English word "listian", which means "to listen, to hear", or "to reckon up a number or an account". Over time, "list" evolved to mean making a list or a catalogue, particularly in the context of goods or services.
The word "price" has its origins in the Middle English word "pris", which ultimately comes from the Old French word "pris", meaning "value" or "worth". It can also be traced back to the Latin word "pretium", which has the same meaning.
When combined, "list" refers to a catalogue of items or services, and "price" signifies the value assigned to those items or services. Hence, "listprice" refers to the advertised or suggested retail price of a product.
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