Meaning of “purchase price” in the English Dictionary


"purchase price" in Business English

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purchase pricenoun [ C ]


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” from the Cambridge Business English Dictionary © Cambridge University Press)