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Basic Price

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Basic Price
1. The price for a good or service, less any sales tax or VAT the buyer pays and plus any subsidy the seller receives. In other words, the basic price is what the seller collects for the sale, as opposed to what the buyer pays.

2. The price for a periodical. Newspapers and magazines have separate basic prices for single issues and for subscriptions. It is also called the basic rate.


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5% off the basic price, is definitely one to take advantage of, before the offer ends on December 31.
IT'S bad enough that BT has increased its basic price by 50p and having to put up with at least two unwanted calls every day.
Air China gives the basic price of the aircraft as USD1.
 
 
 
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