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.
References in periodicals archive ?
All that will happen is that the companies involved will put up the basic prices of their services and goods.
The final output at basic prices of agriculture went up by 13.
ANKARA, September 06, 2011 (TUR) -- The Central Bank of Turkey said on Tuesday that basic prices were up due to a rise in foreign exchange rates in August.
50), additional baggage fees, security fees and airport charges are not included in the basic prices.
Although deflation has made travel here much more affordable in recent years, denting basic prices, tourism experts say the word hasn't gotten out to foreign tourists.
AT LAST - a sports betting show that is happy to concentrate on the basic prices instead of being obsessed with daft novelties, writes Bruce Millington.
Many of our newspaper members felt that the concept of a basic price is a concept on which the ABC was built and that it should be retained, with all the basic prices disclosed in the report.
The basic prices of the villas range from $295 to $595 per night, depending on the features, number of bedrooms and the view that you request.
The office said basic prices either rose at a slower rate or fell, except for fuel, light and water which rose 6.
LeaderShip Fares offer two basic prices for each cruise -- one for an inside cabin and one for an outside cabin, excluding penthouses and suites.
The aim will be to reduce basic prices each year during the contractual period.

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