Selling Price (Noun)
Meaning
The price at which something is offered for sale.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company set a competitive selling price for its new smartphone to attract more customers.
- The restaurant's owner calculated the selling price of the meal by adding the cost of ingredients and labor to the markup.
- The e-commerce site allowed sellers to adjust the selling price of their products in real-time to stay competitive.
- After conducting market research, the team determined the selling price of the new gadget based on consumer demand.
- The seller disclosed the selling price of the property to potential buyers, including all additional fees and taxes.