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unit price

noun

unit price

noun
1

Business, Marketing The price of a standard amount of a good, as of weight or volume. (For example, if the price of a package of biscuits is 100 pesos and the package's net weight is 250 grams, then the biscuits' unit price per kilo is 400 pesos.)

  • After 10 years, a unit price of between 40p-50p could reduce the number of alcohol-related deaths in Wales by 200-250, she said.2010 April 28, Tom Bodden, “Health minister Edwina Hart wants law to force up the price of alcohol in Wales”, in Daily Post:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.

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