recommended retail price 1
noundomain: possession
EnWordnet [ver.5.0]
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EnglishDefinition
the price which the manufacturer recommends that the retailer sell the product.
Examples
- 1.Much of the time, stores charge less than the suggested retail price, depending upon the actual wholesale cost of each item, usually purchased in bulk from the manufacturer, or in smaller quantities through a distributor.
Synonyms
- suggested retail price 1
the price which the manufacturer recommends that the retailer sell the product.
- MSRP 1
the price which the manufacturer recommends that the retailer sell the product.
- RRP 1
the price which the manufacturer recommends that the retailer sell the product.
