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English definition of “trade price”

trade price

noun [C]     COMMERCE, FINANCE
a price that stores or businesses pay for goods rather than the price at which they sell those goods to the public: They are offering new clients an extra 10% discount on the trade price. The computer store is selling some of its older models at trade price. → Compare list price, retail price, wholesale price
(Definition of trade price noun from the Cambridge Business English Dictionary © Cambridge University Press)
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