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What (who) is cost price - definition
cost price
1949 ADVENTURE NOVEL BY DORNFORD YATES
The Laughing Bacchante
¦ noun the price at which goods are bought by a retailer.
cost price
1949 ADVENTURE NOVEL BY DORNFORD YATES
The Laughing Bacchante
(cost prices)
If something is sold at cost price, it is sold for the same price as it cost the seller to buy it. (BRIT)
...a factory shop where you can buy very fashionable shoes at cost price...
= cost
N-VAR: oft at N
Price–performance ratio
QUOTIENT OF A PRODUCT'S PERFORMANCE DELIVERY BY ITS COST
Price/performance; Price-performance ratio; Cost-performance ratio; Price-to-performance ratio; Price/performance ratio
In economics, engineering, business management and marketing the price–performance ratio is often written as cost–performance, cost–benefit or capability/price (C/P), refers to a product's ability to deliver performance, of any sort, for its price. Generally speaking, products with a lower price/performance ratio are more desirable on demand curve, excluding other factors.
Examples of use of cost price
1. The entire industry is caught in a cost–price squeeze.
2. Available at checkout counters, the reusable bags are sold at cost price.
3. The blocked sweaters are worth òÂì200m–òÂì250m at cost price, according to the British Retail Consortium.
4. It said nearly 7% of drinks sales were at less than cost price.
5. Convenience store operators say it is impossible to compete when supermarkets sell below cost price.