Sales Price
/ˈseɪlz praɪs/
Definitions
- (n.) The agreed amount for which goods or property are sold, often referenced in contracts and transactions.
The sales price of the property was disclosed in the purchase agreement.
- (n.) The final amount a buyer pays after adjustments like discounts, rebates, or taxes.
The invoice reflects the sales price after applying seasonal discounts.
Forms
- sales price
- sales prices
Related terms
See also
Commentary
Usage often distinguishes 'sales price' from 'list price' or 'market value'; clarity in contracts prevents 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.