base price vs basic price

Both 'base price' and 'basic price' are correct and commonly used in English. They are interchangeable and refer to the initial price of a product or service before any additional charges or discounts are applied.

Last updated: March 27, 2024 • 1521 views

base price

This phrase is correct and commonly used in English.

Refers to the initial price of a product or service before any additional charges or discounts are applied.

Examples:

The base price of the car was $20,000 before taxes.
The base price of the software includes basic features.

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Now, base price on an S430 starts at $73,000.
From April 1992 the firms, with the support of Federacciai, extended their decisions and behaviour to cover the base price for reinforcing bar in Italy.
Therefore, the development of the base price was analysed on the basis of publically available information submitted by interested parties.
As explained in recital 141 above, the negative profitability was mainly due to a constantly decreasing base price and not due to fluctuating prices for raw materials such as nickel.
This is because the exporters charge a single price and the Union industry charges a base price plus alloy surcharge.
These parties submitted additional information with regard to the base price fluctuation, referred to in recital 141 of the provisional Regulation.
Following final disclosure, another interested party argued that the decreasing base price was largely due to an exceptionally high value for the second quarter of 2010.
The party did provide no arguments why this period should be disregarded for the analysis of the base price development.
Since the Union industry does not influence the price of nickel, interested parties claimed that the Commission should look only at the 'base price'.
This information shows a detailed break-down of the total price charged for commodity grade 304 [8] products in Germany [9] into the base price and the alloy surcharge.
These taxes are either related to the base price of a vehicle, engine capacity, engine power, emission standards, etc., or to a mix of all these indicators.
The total price indeed consists of the base price and the alloy surcharge, and customers are normally aware of this split.
More fundamental however is the pricing mechanism where the base price fixed during the initial price agreement will on occasion be adjusted by applying the alloy surcharge in force at the moment of delivery.
According to these data, the base price continuously decreased throughout the period considered by around 11 % from 1015 EUR/tonne in 2010 to 907 EUR/tonne in the investigation period.
The level of the decrease is lower than the decrease from 1200 EUR/tonne to 1000 EUR/tonne mentioned in the provisional Regulation, but supports the finding of a significantly decreasing base price.
For the years 2010-2012 the producers that data was used to calculate the average base price were Acerinox, AST, Aperam and Outokumpu and for the year 2013 Acerinox, Aperam and Outokumpu.
A price formula with a base price negotiated at the beginning of each contract determines the annual price change over the entire contract duration.
This price (the 'base price') could however vary according to a predefined formula on the basis of the actual rates applied in the top income tax bracket for the years 1997-2003.
It is therefore concluded that the decreasing sales prices of the Union industry are caused both by the decreasing raw material costs and the significant decrease of the base price which is unrelated to raw material cost developments.
Base price starts at $114,000, Agent Booth.

Alternatives:

basic price
starting price
original price
list price
retail price

basic price