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 ?
The basic price for the new 50-V two-channel Model GS820 is $9,490.
Instead, the CDRI would focus on collecting prices in provincial markets, with the aim of constructing a national price index as well as individual provincial basic price indices (Kannan 1995).
The contract is in a high stage of preparedness, we have to agree on a basic price only."
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) daily auction of dollars today reached 85 million dollars, in comparison to 46 million dollars from the previous session, with a basic price of 1,166 dinars for a dollar.
The basic price of the Airbus aircraft is approximately USD1.628bn.
The basic price index for domestic supply went up by 5.4% and the year-on-year change in the wholesale price index was 6.6%.
The organisation claims that for 2011, the basic price for producers per litre of cow's milk is 48 cents but by the time it gets to the consumer it is 140 cents, three times higher and the highest it has ever been in cost.
Available until the end of the year at SERE, the exceptional deal means visitors to its showroom on Moira Road, Lisburn, will save 17.5% off the basic price of dozens of models.
He listed four problem that remain outstanding: pricing; delivery point; project structure; and transit fees paid Pakistan The basic price was agreed on years ago, but Iran has since insisted on raising it.
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.
Among the offers available within the van scheme are: Fiorino Cargo 1.4 8v Petrol 75 for pounds 5,795: Normal basic price pounds 8,565.
As it stands now, individually paid circulation is broken out on the FAS-FAX and publisher's statement in two categories: copies sold at 50% or more of the basic price and copies sold between 25% and 50% of the basic price.

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