wholesaleprice
nounUK /ˈhəʊlseɪl praɪs/
US /ˈhoʊlseɪl praɪs/
The lower price a store pays when it buys many things at once to sell to others.
The shop bought the toys at wholesale price and sold them for a little more.
RELATED WORDS
OTHER MEANINGS
2. The price charged by a wholesaler to a retailer.
The wholesaler quoted a wholesale price of two dollars per unit.
3. A price that is much lower than the usual retail cost.
We got the chairs at wholesale price because we ordered fifty of them.
4. The base cost used to calculate a selling price.
The manager set the shelf price by adding a markup to the wholesale price.