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 ?
In terms of manufacturing, the data estimated the quarterly GVA at basic prices for Q2 of 2017-18 from 'manufacturing' sector grew by 7.
1 Quarterly GVA at basic prices for Q1 2016-17 from agriculture, forestry and fishing sector grew by 1.
For the period October to December 2006, urban basic prices were about 1.
The final output at basic prices of agriculture went up by 13.
3% in 2007 - while the value of agricultural output at basic prices rose by 3.
50), additional baggage fees, security fees and airport charges are not included in the basic prices.
They include: -When newspapers offer a hybrid subscription to its readers, no less than 25 percent of basic prices must be collected for the frequency being delivered.
Price increases in the majority of countries were due to an increase in basic prices.
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.

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