Meaning of “cost price” in the English Dictionary


"cost price" in Business English

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cost pricenoun [ C or U ]


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.

(Definition of “cost price” from the Cambridge Business English Dictionary © Cambridge University Press)

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