Purchase Price (Noun)
Meaning
The price at which something is actually purchased.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company recorded the purchase_price of the land as a major asset on their balance sheet.
- She calculated the return on investment based on the original purchase_price of the property.
- The purchase_price of the car was higher than expected due to additional features.
- The purchase_price of the shares was adjusted for dividends paid during the acquisition process.
- The auditor verified the purchase_price of the equipment against the vendor's invoice.