Definition of cost price in English:
The price at which goods are or have been bought by a merchant or retailer.
- 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.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan