Invoice price

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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Outlook to 2023: While the full impact of potential policy changes on manufacturer net sales is unclear, total net spending growth on pharmaceuticals is forecast to increase at a compound annual growth rate of 3% to 6% on net price basis, and 4% to 7% on invoice price basis through 2023.
The committee will develop a regulatory framework including penal provisions, if required, within three weeks to tackle the illegal demand for premium by car dealers over and above the invoice price.
The PSEG-LI rebate program provides up to $4,000 per charging port or 80 percent of the invoice price for up to charging stations per location.
Rebates also may flow to pharmacists after a medication is sold, offsetting some of the original invoice price.
Due to supply and demand gap, the business is at its peak and locally known as "OWN" (Premium on the invoice price of the car to get an early delivery).
Celestica's TCOO system is focused on evaluating supplier performance by measuring the total cost to produce, deliver and support products and services beyond the supplier invoice price. As such, it considers the following supplier attributes: quality, delivery, price, flexibility, innovation and technology.
More alarming is that the data presented are invoice data, and therefore do not reflect the actual cost of the vaccines, which the American Academy of Pediatrics has calculated to be 17%-28% above invoice price ("The business case for pricing vaccines," AAP, March, 2012).
All of the invoice price growth for insulin was offset by price cuts, the institute said.
It also would have taxed non-cigarette tobacco products by 5 percent of the manufacturer's invoice price, paid by the seller.
In 2014, the government imposed new controls via the tax administration system Servicio de Administracion Tributaria (SAT), charging a tariff of 10% over the invoice price, plus a value-added tax (Impuesto al Valor Agregado, IVA).
I tack on 15 percent to the invoice price as my transfer fee.
The regulations impose on coatings manufacturers a 4% tax on the invoice price of any coating whose ready-to-spray VOC level exceeds 420 g/L.