How Do You Spell LIST-PRICE?

Pronunciation: [lˈɪstpɹˈa͡ɪs] (IPA)

The spelling of "list-price" can be confusing for non-native speakers of English. The word is spelled with a silent "t" in the first syllable, pronounced as "lihst." The "i" in the second syllable is pronounced as a short "i" sound, like in "kit." The final syllable is pronounced with a long "i" sound, like in "eye," and ends with a voiced "z" sound. So, the phonetic transcription of "list-price" is /lɪst praɪs/. This word means the advertised or suggested retail price of a product.

LIST-PRICE Meaning and Definition

  1. List price refers to the original or standard price of a product or service, commonly set by the manufacturer or supplier. It is the price that is typically displayed or listed in catalogs, advertisements, or on the company's website. List price represents the suggested retail price at which the seller intends to sell the product or service to customers.

    List price is often used as a reference point for establishing the value and pricing of a product. It serves as a starting point for negotiations, as customers may be able to obtain discounts or negotiate a lower price from the list price. The final selling price may vary from the list price based on factors such as discounts, promotions, market conditions, demand, or the buyer's bargaining power.

    List price is also essential for businesses as it enables them to maintain consistency in pricing across different distribution channels and customers. It provides transparency and clarity to both the seller and buyer, ensuring that there is a standard reference for pricing comparison.

    List price is commonly used in various industries, including retail, manufacturing, and services. However, it should be noted that the actual price paid by customers may differ significantly from the list price due to the negotiation process, special offers, or other pricing strategies employed by the seller.

Common Misspellings for LIST-PRICE

  • list priced
  • listprice
  • listpprice
  • list0-price
  • listp-price
  • listmprice
  • listprize

Etymology of LIST-PRICE

The word "list-price" originated from the English language.

The term "list" derives from the Old English word "liste", meaning "border" or "boundary". In Middle English, it evolved to refer to a border or strip of paper on which items were written down. Over time, "list" came to encompass a catalogue or inventory of items.

"Price" has its roots in the Latin word "pretium", meaning "price" or "value". This term was adopted into Old English as "prīs", indicating the value or worth of something.

When combined, "list-price" refers to the price or value of an item as stated or recorded in a list or catalogue. It typically represents the suggested retail price or the standard selling price set by a manufacturer or retailer.

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