Meaning of “unit price” in the English Dictionary

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"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)