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Invoice Price |
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Invoice price The price that the buyer of a futures contract must pay the seller when the underlying asset (such as Treasury bond) is delivered. Invoice Price 1. In Treasury futures contracts, the amount the buyer must pay the seller when the Treasury note is delivered. This is calculated as the settlement price of the future, plus interest that has accrued. 2. In international trade, the price against which an ad valorem tariff is levied. The tariff is calculated as a percentage of the price listed on an invoice. 3. In the automotive industry, the price a manufacturer charges a dealer before any applicable discounts or rebates. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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