PUBLISHED PRICE Meaning and
Definition
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Published price refers to the fixed or advertised cost at which a product or service is made available to the public. It is the official selling price that is publicly disclosed and widely known. This price is typically set by the manufacturer, retailer, or service provider and is prominently displayed in various mediums, such as catalogs, brochures, websites, or in-store signage.
The published price serves as a reference point for potential customers to determine the cost of a particular item or service. It is a definitive and transparent value that establishes the baseline for negotiations, purchase decisions, and comparisons with other similar offerings.
In many cases, the published price is non-negotiable and applies to all customers equally, ensuring fairness and consistency. It contributes to a level playing field among consumers, preventing arbitrary pricing practices and promoting transparency within the marketplace.
Published prices are particularly important in industries where there is little variation or flexibility in pricing, such as electronics, appliances, or standardized services like transportation or utilities. However, in some cases, businesses may offer discounts or special promotions that deviate from the published price, providing customers with temporary savings opportunities.
Overall, the published price is a fundamental concept that establishes the monetary value of a product or service, enabling consumers to make informed choices while promoting fairness and transparency in commercial transactions.
Common Misspellings for PUBLISHED PRICE
- oublished price
- lublished price
- -ublished price
- 0ublished price
- pyblished price
- phblished price
- pjblished price
- piblished price
- p8blished price
- p7blished price
- puvlished price
- punlished price
- puhlished price
- puglished price
- pubkished price
- pubpished price
- puboished price
- publushed price
- publjshed price
- publkshed price
Etymology of PUBLISHED PRICE
The word "published" comes from the Latin word "publicare", which means "make public". It was derived from the word "publicus", meaning "public". The word "price" comes from the Old English word "prīs", which also has roots in Old French and Latin.
The term "published price" refers to the publicly announced price of a product or service. It originates from the idea that the price is made available to the general public through various means such as advertisements, catalogs, websites, or other promotional materials. "Published" indicates the act of dissemination, while "price" refers to the specified cost of the item.
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