Pricing
/ˈpraɪsɪŋ/
Definitions
- (n.) The method or process of establishing the monetary value or cost of goods or services, often subject to legal regulation to prevent unfair trade practices.
The contract specified the pricing of all deliverables to avoid disputes.
Related terms
See also
Commentary
Pricing in legal contexts often entails compliance with laws regulating fair competition and consumer protection; precise drafting should clarify pricing mechanisms to avoid ambiguity.
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.