Basic Price

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.
References in periodicals archive ?
3 Active 75 MultiJet for pounds 6,216: Normal basic price pounds 9,085.
Many Americans are said to be reluctant to request passports, arguing that the basic price of $97 dollars is too expensive.
With a basic price of pounds 17,995 before VAT, it just might appeal to drivers looking for a bit more from their workhorse or for a versatile alternatrive to a conventional car.
In the second phase of PPAS, Goal Trading Asset Ltd offered to buy the assets at a price of 60% of the basic price set by IBRA.
from a list that can put pounds 10,000 on the basic price.
It also breaks down paid circulation into three tiers -- papers sold for more than 50 percent of basic price, 25 percent to 50 percent of basic price, and "other paid," which is below 25 percent of a paper's basic price.
It makes the plant more efficient and according to the quantity and complexity of the print requirement, the basic price scale is now approximately 2.
Its fourstar EuroNCAP performance will be strengthened by the introduction of additional safety equipment and it has an impressive line-up of standard equipment as well as an unbelievably low basic price of pounds 8,200.
The reason is that Denmark and some other EU countries have much higher taxation on new cars than the UK, so manufacturers have to make the basic price as low as possible.
Previously, only copies that sold for at least half of the basic price could be counted as paid circulation.
and Orange counties, part of Ventura County, the Inland Empire and the Palm Springs area, the 71-page booklet titled ``Elmer Dills' New Pocket Guide to Dining Values'' presents restaurants of two basic price categories: under $10 and under $15.

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