price maintenance — ▪ economics also called resale price maintenance measures taken by manufacturers or distributors to control the resale prices of their products charged by resellers. The practice is more effective in retail sales than at other levels of… … Universalium
price maintenance — / praɪs ˌmeɪntənəns/ noun an agreement between producers or distributors on a minimum price for a product … Marketing dictionary in english
PRICE MAINTENANCE — … Useful english dictionary
Resale price maintenance — (RPM) is the practice whereby a manufacturer and its distributors agree that the latter will sell the former s product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a… … Wikipedia
retail price maintenance — UK US noun [U] (ABBREVIATION RPM) COMMERCE ► RESALE PRICE MAINTENANCE(Cf. ↑resale price maintenance): »The Office of Fair Trading decided against retail price maintenance on over the counter branded medicines … Financial and business terms
resale price maintenance — UK US noun [U] (also retail price maintenance, ABBREVIATION RPM) COMMERCE, FINANCE ► a system in which the price of goods is controlled by the manufacturer, so that sellers are not allowed to reduce the price for customers: »The Monopolies and… … Financial and business terms
Resale Price Maintenance Agreement — Resale Price Maintenance (RPM) Agreement USA An agreement between a supplier and its distributors that limits the prices the distributors can charge customers for the supplier s products. Types of RPM agreements include a: • Minimum RPM agreement … Law dictionary
Resale Price Maintenance (RPM) Agreement — USA An agreement between a supplier and its distributors that limits the prices the distributors can charge customers for the supplier s products. Types of RPM agreements include a: • Minimum RPM agreement, in which a distributor agrees not to… … Law dictionary
resale price maintenance — n: a form of illegal price fixing in which a manufacturer compels different retailers to resell a product at the same price and thereby prevents competition Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
resale-price maintenance — ➔ maintenance … Financial and business terms
resale price maintenance — The setting of a fixed minimum price on an article by the manufacturer (abbrev RPM) • • • Main Entry: ↑resale * * * resale price maintenance, Especially British. fair trade … Useful english dictionary