list price

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List Price

The advertised price for a good or service. It is common for a seller to reduce the list price or at least to permit negotiation, especially for large items such as houses and automobiles.

list price

the published PRICE of a good or service. The actual price paid by the buyer is often lower than this because suppliers are prepared to offer trade discounts for BULK BUYING.

list price

the published PRICE of a good or service. The actual price paid by the buyer is often less than this because suppliers are prepared to offer cash and trade DISCOUNTS. Many suppliers specify RECOMMENDED RETAIL PRICES for their products, but again the actual price paid can be much less than that recommended, depending upon the strength of retail competition. See BULK-BUYING.
References in periodicals archive ?
Manufacturers set list prices, and say they need to keep raising prices to fund research on future medicines.
The blueprint laid out four strategies for solving the problems patients face: boosting competition, enhancing negotiation, creating incentives for lower list prices, and bringing down out-of-pocket costs.
When asked why the list prices of prescription drugs are so high, Olivier Brandicourt, MD, CEO of Sanofi, said: "We are trying to get formulary position with those high list price-high rebate.
-- Johnson & Johnson said Thursday it will start giving the list price of its prescription drugs in television ads.
List prices are also what patients pay if a drug is not on their insurance formulary, and list prices help determine insurance plans placement of drugs on their formulary.
In many of these housing markets, rising list prices were primarily driven by a shortage in for-sale inventories.
In summary two-thirds of the manufacturers appear to have slipped in basic list price increases of an average of pounds 142.74 alongside the VAT rise.
PROTON has knocked up to pounds 1,000 off the list price of some of its cars, with pro-rata reductions on cheaper models in the range.
Turkish cargo operator MNG Airlines has also chosen the Trent 700 for two firm A330 orders and one option, with a potential value of SI80 million (pounds 91.8 million) at engine list prices.
Unfilled orders for the Next-Generation 737 exceed 1,800 aircraft, worth over USD130bn at list prices, Boeing reported.
Brazilian aircraft maker Embraer said on Wednesday it sold 60 business jets from its new Phenom line to two US-based companies and one from Spain for a total of USD$188 million at list prices. Oct 19, 2006