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List price

Index List price

The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP), of a product is the price at which the manufacturer recommends that the retailer sell the product. [1]

38 relations: Bangladesh, Bulk purchasing, Car, Car dealership, Closeout (sale), Competition Commission, Competition law, Discount store, Discounts and allowances, Distribution (marketing), Fair trade law, Hotel, Illegal per se, India, Invoice price, Leegin Creative Leather Products, Inc. v. PSKS, Inc., List price, Manufacturing, Markup (business), Maximum retail price, Merchant, Monroney sticker, Perfect competition, Price, Price adjustment (retail), Product (business), Resale price maintenance, Restraint of trade, Retail, Rule of reason, Sales, Sherman Antitrust Act, Tourism, United Kingdom, United States, United States antitrust law, Vehicle, Wholesaling.

Bangladesh

Bangladesh (বাংলাদেশ, lit. "The country of Bengal"), officially the People's Republic of Bangladesh (গণপ্রজাতন্ত্রী বাংলাদেশ), is a country in South Asia.

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Bulk purchasing

Bulk purchasing is the purchase of much larger quantities than the usual, for a unit price that is lower than the usual.

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Car

A car (or automobile) is a wheeled motor vehicle used for transportation.

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Car dealership

A car dealership or vehicle local distribution is a business that sells new or used cars at the retail level, based on a dealership contract with an automaker or its sales subsidiary.

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Closeout (sale)

A closeout sale is the final sale of an item either by a retailer or sell off of a retailer inventory to a 3rd party company.

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Competition Commission

The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom.

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Competition law

Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.

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Discount store

A discount store or discount shop is a retail shop which sells products at prices that are lower than the typical market price.

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Discounts and allowances

Discounts and allowances are reductions to a basic price of goods or services.

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Distribution (marketing)

Distribution (or place) is one of the four elements of the marketing mix.

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Fair trade law

A fair trade law was a statute in any of various states of the United States that permitted manufacturers the right to specify the minimum retail price of a commodity, a practice known as "price maintenance".

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Hotel

A hotel is an establishment that provides paid lodging on a short-term basis.

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Illegal per se

In US law, the term illegal per se means that the act is inherently illegal.

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India

India (IAST), also called the Republic of India (IAST), is a country in South Asia.

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Invoice price

The actual price paid to the manufacturer or distributor by the end-customer retailer, which is known as the invoice price.

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Leegin Creative Leather Products, Inc. v. PSKS, Inc.

Leegin Creative Leather Products, Inc.

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List price

The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP), of a product is the price at which the manufacturer recommends that the retailer sell the product.

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Manufacturing

Manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.

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Markup (business)

Markup is the ratio between the cost of a good or service and its selling price.

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Maximum retail price

A maximum retail price (MRP) is a manufacturer calculated price that is the highest price that can be charged for a product sold in India and Bangladesh.

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Merchant

A merchant is a person who trades in commodities produced by other people.

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Monroney sticker

The Monroney sticker or window sticker is a label required in the United States to be displayed in all new automobiles and includes the listing of certain official information about the car.

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Perfect competition

In economics, specifically general equilibrium theory, a perfect market is defined by several idealizing conditions, collectively called perfect competition.

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Price

In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.

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Price adjustment (retail)

Price adjustments, also called price protection, is a retail practice in the USA in which customers can obtain a partial refund of the purchase price of an item if they can show it on sale at a lower price within a fixed time frame.

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Product (business)

In marketing, a product is anything that can be offered to a market that might satisfy a want or need.

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Resale price maintenance

Resale price maintenance (RPM) (US) or retail price maintenance (UK) is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance).

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Restraint of trade

Restraint of trade is a common law doctrine relating to the enforceability of contractual restrictions on freedom to conduct business.

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Retail

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit.

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Rule of reason

The rule of reason is a legal doctrine used to interpret the Sherman Antitrust Act, one of the cornerstones of United States antitrust law.

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Sales

Sales is activity related to selling or the amount of goods or services sold in a given time period.

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Sherman Antitrust Act

The Sherman Antitrust Act (Sherman Act) is a landmark federal statute in the history of United States antitrust law (or "competition law") passed by Congress in 1890 under the presidency of Benjamin Harrison.

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Tourism

Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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United States antitrust law

United States antitrust law is a collection of federal and state government laws that regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers.

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Vehicle

A vehicle (from vehiculum) is a machine that transports people or cargo.

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Wholesaling

Wholesaling, jobbing, or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional, or other professional business users; or to other wholesalers and related subordinated services.

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References

[1] https://en.wikipedia.org/wiki/List_price

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