Definition, Meaning & Synonyms

rrp

Noun
ˈɑːrˈɑːrˈpiː
Definition
Recommended Retail Price.
Examples
  • The rrp of the smartphone is $699.
  • Always check the rrp before buying to ensure you are getting a good deal.
Meaning
The price that a manufacturer suggests retailers should charge for a product.
Synonyms
  • Suggested retail price
  • List price