Share this entry

cost price Line breaks: cost price

Entry from British & World English dictionary

Definition of cost price in English:

noun

The price at which goods are or have been bought by a merchant or retailer.
Example sentences
  • More obviously, of course, simple disagreement over margins can occur when retailers consider the cost price to be too high.
  • They will have access to information like average weekly sales and order history as well as more detailed sales history, cost price and recommended retail price.
  • Wine industry sources claimed that there are even larger mark-ups on house wines imported from abroad, on which some restaurants are suspected of charging up to seven times the cost price.

Share this entry

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources