Purchase Price

Summary of Purchase Price

Defined in 19 U.S.C. 162 as the price at which imported merchandise has been purchased, or will be purchased, prior to exportation. It is usually based on the ex factory price excluding any export duties levied in the country of manufacture. Within the framework of the European Economic Community’s Common Agricultural Policy (read this and related legal terms for further details), the purchase price is the point at which EEC governments will directly intervene in the market to buy certain agricultural commodities selling at distressed prices.

(Main Author: William J. Miller)

Hierarchical Display of Purchase price

Finance > Prices > Market prices
Trade > Marketing > Commercial transaction > Purchase

Purchase price

Concept of Purchase price

See the dictionary definition of Purchase price.

Characteristics of Purchase price

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Resources

Translation of Purchase price

• Spanish: Precio de compra
• French: Prix d’achat
• German: Einkaufspreis
• Italian: Prezzo d’acquisto
• Portuguese: Preço de compra
• Polish: Cena zakupu

Thesaurus of Purchase price

Finance > Prices > Market prices > Purchase price
Trade > Marketing > Commercial transaction > Purchase > Purchase price

See also

• Purchase
• Credit purchase