recommended retail price
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recommended retail price — ➔ price1 * * * recommended retail price UK US noun [S] (US suggested retail price, ABBREVIATION RRP) ► COMMERCE, MARKETING the price that customers should pay for goods according to the manufacturer: »The publisher may inc … Financial and business terms
recommended retail price — [recommended retail price] noun (abbr RRP) (in Britain) a price that a company recommends for one of its products. Shops may then sell the product at this price, but are not legally required to do so … Useful english dictionary
recommended retail price — RRP The price that a manufacturer recommends as the retail price for his product. Under the Competition Act (1998) the manufacturer has no legal power to enforce this recommendation. The RRP is also called the manufacturers recommended price… … Big dictionary of business and management
recommended retail price — /ˌrekəmendɪd ri:teɪl praɪs/ noun the price at which a manufacturer suggests a product should be sold on the retail market, though this may be reduced by the retailer. Abbreviation RRP. Also called administered price, manufacturer’s recommended… … Dictionary of banking and finance
recommended retail price — /ˌrekəmendɪd ri:teɪl praɪs/ noun the price at which a manufacturer suggests a product should be sold on the retail market, though this may be reduced by the retailer. Abbr RRP … Marketing dictionary in english
Suggested retail price — The manufacturer s suggested retail price (MSRP), list price or recommended retail price (RRP) of a product is the price which the manufacturer recommends that the retailer sell the product. The intention was to help to standardise prices among… … Wikipedia
suggested retail price — ➔ price1 * * * suggested retail price UK US noun [C] US (UK recommended retail price) COMMERCE ► the price that customers should pay for goods according to the manufacturer: »The manufacturer s suggested retail price is $129.95 … Financial and business terms
Suggested Retail Price — n. SRP, recommended retail price, selling price that the manufacturer suggests … English contemporary dictionary
Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… … Wikipedia
suggested retail price — Selling price recommended to retailer by manufacturer of goods … Black's law dictionary
