Pricing Clause
/ˈpraɪsɪŋ klɔːz/
Definitions
- (n.) A contractual provision that specifies the method or basis for determining the price of goods or services.
The pricing clause in the contract set the payment terms for each deliverable.
Forms
- pricing clause
- pricing clauses
Related terms
See also
Commentary
Pricing clauses must be drafted clearly to avoid disputes over payment amounts and calculation methods.
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.