pricequantity

Pricequantity is a term used in commerce and data modeling to denote the product of unit price and quantity for a line item. It represents the total value attributed to a specific item in an order, typically calculated as unit price times quantity. Depending on the system, this line total may be shown before tax and shipping or after certain adjustments such as discounts; the exact treatment can vary by context.

In accounting and retail, pricequantity is used to compute gross revenue and the value of inventory associated with an item. It helps determine how much revenue a single line item contributes to a transaction and supports broader calculations like subtotal accumulation and profitability analysis. It is distinct from per-unit price, which may change with promotions or tiered pricing.

In software and data modeling, pricequantity is commonly stored as a computed field or derived value. It can be implemented directly as a calculation, for example pricequantity = price * quantity, or as a function within an order processing system. In spreadsheets, it is often expressed as a formula such as =PRICE * QUANTITY. This approach avoids storing redundant data and keeps line totals consistent with unit prices and quantities.

Example: if unit price is 12.50 and quantity is 4, pricequantity is 50.00. If discounts or tiered pricing apply, the per-unit price may change, altering the computed pricequantity accordingly. The term is informal and usage varies across systems and schemas.