Meaning of “cost price” in the English Dictionary

business-english dictionary

"cost price" in British English

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cost pricenoun [ C ]

uk /ˈkɒst ˌpraɪs/ us /ˈkɑːst ˌpraɪs/ mainly UK

the price that it costs to make a product, without a profit being added:

We were able to buy the furniture from a friend at cost price.

(Definition of “cost price” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"cost price" in Business English

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cost pricenoun [ C or U ]

uk us 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.

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

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