manufacturer’s suggested retail price


manufacturer’s suggested retail price
(MSRP)
 Manufacturers are not allowed to dictate prices to retailers in the United States but many have “suggested” prices. Fair Trade laws enacted in the 1930s allowed manufacturers to stipulate prices retailers could charge. The Consumer Pricing Act (1975) ended resale price maintenance agreements.

American business jargon. 2014.

Look at other dictionaries:

  • manufacturer's suggested retail price — (MSRP) The suggested retail price the dealer is asking. Generally the same as the sticker price. Dealers typically sell at a discount to this price …   Dictionary of automotive terms

  • Manufacturer's Suggested Retail Price — price at which a company recommends its product to be sold, MSRP …   English contemporary dictionary

  • Manufacturer's Suggested Retail Price - MSRP — The amount of money for which the company that produces a product recommends that it be sold in stores. MSRP does not necessarily correspond to the price retailers actually use or to the price customers are willing to pay. Retailers may need to… …   Investment dictionary

  • suggested retail price — ➔ price1 * * * suggested retail price UK US noun [C] US (UK recommended retail price) COMMERCE ► the price that customers should pay for goods according to the manufacturer: »The manufacturer s suggested retail price is $129.95 …   Financial and business terms

  • Suggested retail price — The manufacturer s suggested retail price (MSRP), list price or recommended retail price (RRP) of a product is the price which the manufacturer recommends that the retailer sell the product. The intention was to help to standardise prices among… …   Wikipedia

  • suggested retail price — See manufacturer s suggested retail price …   Dictionary of automotive terms

  • Suggested Retail Price — n. SRP, recommended retail price, selling price that the manufacturer suggests …   English contemporary dictionary

  • suggested retail price — Selling price recommended to retailer by manufacturer of goods …   Black's law dictionary

  • MSRP (manufacturer suggested retail price) — Рекомендованная цена производителя …   Глоссарий терминов бытовой и компьютерной техники Samsung

  • MSRP (manufacturer suggested retail price) — Рекомендованная цена производителя …   Глоссарий терминов бытовой и компьютерной техники Samsung