LISTED PRICE Meaning and
Definition
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Listed price refers to the specific price at which a product or service is advertised or displayed for sale by a seller. It is the initial or suggested price that is publicly communicated by the seller to potential buyers. The listed price is usually affixed or mentioned prominently in marketing materials such as price tags, catalogues, brochures, websites, or advertisements.
The listed price serves as a reference point for customers, helping them make informed decisions about their purchasing choices. It provides a starting point for negotiations, especially in circumstances where the buyer may attempt to negotiate a lower price or request discounts or deals.
The listed price can vary depending on various factors, including the nature of the product or service, market demand, competition, and pricing strategies adopted by the seller. In some cases, the listed price may be set higher than an anticipated selling price to allow room for negotiation, promotional offers, or discounts.
While the listed price acts as a guideline, it does not guarantee that every customer will purchase the product or service at that particular price. Negotiations, market conditions, and individual preferences can result in the final purchase price being different from the listed price. However, the listed price provides a starting point and valuable information for both buyers and sellers in the process of pricing and purchasing goods and services.
Common Misspellings for LISTED PRICE
- kisted price
- pisted price
- oisted price
- lusted price
- ljsted price
- lksted price
- losted price
- l9sted price
- l8sted price
- liated price
- lizted price
- lixted price
- lidted price
- lieted price
- liwted price
- lisred price
- lisfed price
- lisged price
- lisyed price
- lis6ed price
Etymology of LISTED PRICE
The word "listed price" consists of two main components: "listed" and "price".
- "Listed" comes from the verb "list", which originated from the Middle English word "listen" meaning to "please, desire, wish". Over time, "list" acquired various meanings, one of them being "to put into a list or catalog". In the 16th century, it began to specifically refer to the act of enlisting goods for sale or creating a catalogue. Therefore, "listed" in the context of "listed price" refers to the fact that the price has been put into a list for reference or publication.
- "Price" originated from the Old French word "pris", which further derived from the Latin word "pretium" meaning "value, worth, price".
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