Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

trade price

Read a random definition: certificate into chancery

A quick definition of trade price:

Trade price: The price that is paid for goods or services when they are bought or sold between businesses or traders. It is the amount of money that is agreed upon by both parties involved in the transaction.

A more thorough explanation:

Definition: Trade price refers to the price at which goods or services are sold to retailers or other businesses, rather than to individual consumers. It is often lower than the retail price, as businesses buying in bulk can negotiate better deals with suppliers.

Example: A manufacturer of clothing may sell their products to a retailer at a trade price of $20 per item, while the retailer then sells the same item to individual customers at a retail price of $40. The trade price allows the retailer to make a profit while still offering a competitive price to customers.

Another example: A restaurant may purchase ingredients from a supplier at a trade price, allowing them to keep their costs low and offer affordable menu items to customers.

The examples illustrate how trade price is a pricing strategy used in business-to-business transactions, allowing businesses to purchase goods or services at a lower cost and then sell them at a higher price to make a profit.

trade practice | Trade-Related Aspects of Intellectual Property Rights

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
LSD+ is ad-free, with DMs, discounts, case briefs & more.