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English definition of “cost price”

cost price

noun [C or U]     COMMERCE
the amount of money that is spent to produce goods or services before any profit is added for the manufacturer or producer , or the price that a store , etc. pays for goods that it is going to sell : Some discounters are selling products at below cost price .
→ See also cost, buying price, selling price, cost
(Definition of cost price noun from the Cambridge Business English Dictionary © Cambridge University Press)
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