Definition, Meaning & Synonyms
selling-price
noun
/ˈsɛlɪŋ praɪs/
Definition
The amount of money for which an item is sold to a buyer.
Examples
- The selling price of the new smartphone is $999.
- After negotiating, they agreed on a selling price for the car.
- The store marked down the selling price to attract more customers.
Meaning
Selling price is the final price that a seller sets for a product or service, which can vary based on various factors such as market demand, competition, and cost of goods sold.
Synonyms
- retail price
- list price
- sale price
