manufacturers' recommended price

manufacturers' recommended price
= MRP

Big dictionary of business and management. 2014.

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  • recommended retail price — RRP The price that a manufacturer recommends as the retail price for his product. Under the Competition Act (1998) the manufacturer has no legal power to enforce this recommendation. The RRP is also called the manufacturers recommended price… …   Big dictionary of business and management

  • price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

  • price maintenance — ▪ economics also called  resale price maintenance        measures taken by manufacturers or distributors to control the resale prices of their products charged by resellers. The practice is more effective in retail sales than at other levels of… …   Universalium

  • list price — noun the selling price of something as stated in a catalogue or price list; often subject to discounts I got it at 30% off the list price • Hypernyms: ↑asking price, ↑selling price * * * noun : the basic price of an item as published in a catalog …   Useful english dictionary

  • Resale price maintenance — (RPM) is the practice whereby a manufacturer and its distributors agree that the latter will sell the former s product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a… …   Wikipedia

  • Metal Building Manufacturers Association — The Metal Building Manufacturers Association (MBMA) was founded in 1956 and promotes the design and construction of metal building systems in the low rise, non residential building marketplace. A non profit trade organization, MBMA s headquarters …   Wikipedia

  • 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

  • off-price — adj. US involving merchandise sold at a lower price than that recommended by the manufacturer. * * * ˈ ̷ ̷ ¦ ̷ ̷ adjective : of, relating to, selling, or being discounted merchandise an off price store off price apparel * * * /awf pruys , of /,… …   Useful english dictionary

  • ЦЕНА, НАЗНАЧАЕМАЯ ПРОИЗВОДИТЕЛЕМ — (manufacturers’ recommended price, MRP) См.: рекомендуемая розничная цена (recommended retail price). Бизнес. Толковый словарь. М.: ИНФРА М , Издательство Весь Мир . Грэхэм Бетс, Барри Брайндли, С. Уильямс и др. Общая редакция: д.э.н. Осадчая И.М …   Словарь бизнес-терминов

  • MRP — 1) Abbreviation for manufacturers recommended price. See recommended retail price 2) Abbreviation for material requirements planning …   Big dictionary of business and management

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