Definition overview
1 Definition
Refers to the process of determining a figure at which Goods and/or Services will be exchanged in the marketplace between third parties in an arm's length transaction. Key considerations in Pricing decisions include cost, market and competitive conditions and any required rate of return.
2 References
UniSQ Defined.
3 Definition Information
Approved Date | 27/8/2014 |
Effective Date | 27/8/2014 |
Record No | 14/2132PL |