BasePrice
Base price refers to the principal price of a product or service as listed by the seller before any adjustments. It serves as the starting point for price construction and is used as a reference in budgeting, pricing strategies, and economic analysis.
In retail and commerce, the base price is often the manufacturer’s suggested retail price (MSRP) or the
In software and services, the base price typically denotes the cost of the core product or base
In pricing practice, the base price is used alongside adjustments such as taxes, fees, shipping, discounts, and
Examples help illustrate the concept: a product with a base price of 100, a tax of 8,
See also terms commonly associated with base price include MSRP, sticker price, list price, and base rate.