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Meaning / Definition of

Offer Prices

Categories: Economics,

The prices that sellers display as the prices at which they are prepared to sell their products. The prices of products as quoted in the sellers price list, catalogue, internet site, advertisements, etc. They are not necessarily transaction prices. Depending on the country and/or the product, they may or may not include delivery and installation costs, VAT and other indirect taxes on products, discounts, surcharges and rebates, invoiced service charges and voluntary gratuities.

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