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Simple English definitions for legal terms
offering price
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A quick definition of offering price:
Offering price: The price that someone is asking for something they are selling. It's like when you go to a store and see the price tag on an item. The offering price is the same thing, but for things that people are selling in other places, like online or at a garage sale.
A more thorough explanation:
Definition: The price at which a seller is willing to sell a product or service.
For example, if a company is selling shares of stock to the public, the offering price is the price at which the shares are being offered for sale. This price may be different from the current market price of the stock.
Another example is when a homeowner lists their house for sale. The offering price is the price at which they are willing to sell the house to a potential buyer.
These examples illustrate how the offering price is the initial price set by the seller for a product or service. It may be negotiable, but it is the starting point for any potential transaction.