Pricing

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

USQ Defined.

3 Definition Information

Approved Date

27/8/2014

Effective Date

27/8/2014

Record No

14/2132PL

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