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Meaning of “unit price” in the English Dictionary

"unit price" in Business English

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unit pricenoun [C]

uk   us   ACCOUNTING, COMMERCE
the price of a single product or service, used for example when buying several things together to refer to the price of each one: Overall decline in exports resulted largely from the fall in export unit prices for major items.
(Definition of unit price from the Cambridge Business English Dictionary © Cambridge University Press)
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