resale price

noun

Definition of resale price

  1. 1 :  a price at which an article is resold by a business concern that buys it for resale

  2. 2a :  a price suggested (as by a producer) as proper to be charged on resale of an article usually to the ultimate consumer b :  a stipulated price under the various state price maintenance laws at which a branded article must be resold as agreed with the brand owner or a minimum price below which such article cannot be lawfully resold

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