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English definition of “purchase price”

purchase price

the amount of money that is paid for something: Many thought the €14 million purchase price was much too high. The bank asks land buyers to put down 50% of the purchase price , and pay the remainder over two years .purchase price for/of sth He refused to reveal the purchase price for the factory and equipment . Add 10% to the purchase price of a property to cover fees .
(Definition of purchase price noun from the Cambridge Business English Dictionary © Cambridge University Press)
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