basing point price system
basing point price systemsee GEOGRAPHICAL PRICING.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
basing point price systema form of pricing products, such as cement, that are bulky and expensive to transport, which involves charging different prices to customers based in different locations. Customers located near to the supply source (or ‘base point’) are charged a lower delivery price compared to customers farther afield.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005