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BASIC PRICE

(noun)
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Definitions

There is 1 meaning of the phrase Basic Price.

Basic Price - as a noun

The price for a good or service, less any sales tax or vat the buyer pays and plus any subsidy the seller receives.

Example: "Even though the basic price was established a decade ago, some of our business partners want to raise it."

Example Sentences

"The basic price of the car includes the cost of manufacturing and assembly."
"She was shocked to see the basic price of the house before adding on any additional features."
"The basic price of the ticket does not include any extra charges for baggage."
"You can upgrade your meal by paying an additional amount on top of the basic price."
"The basic price of the phone does not include the cost of accessories."
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