English version

recommended retail price

From Longman Business Dictionaryrecommended retail priceˌrecommended ˈretail ˌprice abbreviation RRP [countable] British EnglishCOMMERCE a price that the producer or WHOLESALER (=a seller that sells to businesses rather than to the public) of a product suggests that it should be sold for in shops SYN MANUFACTURER'S RECOMMENDED PRICE, suggested retail price AmEThe government has banned manufacturers from setting recommended retail prices for some electrical goods. price
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