Pass On(redirected from passing on)
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Related to passing on: passing away
To charge a customer for an expense that one was required to pay. For example, suppose a company spends $10 for a product, which it then re-sells to customers for $14. If the company's supplier raises the price to $12 per product, the company may pass on the expenses to customers by raising its own price to $16 per product, thereby preserving its $4 profit.
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