Prices
/ˈpraɪsɪz/
Definitions
- (n.) Amounts of money required or given in payment for goods or services in a legal context, often regulated by contract or statute.
The contract specifies the prices for all delivered goods.
Forms
- price
Related terms
See also
Commentary
In legal drafting, specifying prices clearly is essential to avoid disputes over payment terms.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.