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 • 1667 views

This phrase is correct and commonly used in English.

"base price"

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.

Show examples from the web [+]

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

This phrase is correct and commonly used in English.

"basic price"

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

Examples:

The basic price of the phone was $500 before any accessories.
The basic price of the package includes standard features.

Show examples from the web [+]

If it is not possible to estimate the basic price of the finished structure, it must be valued by its total costs of production.
The basic price excludes all taxes on products, but does not attempt to exclude other taxes on production as in the former concept of value added at factor cost.
When individual quotas were introduced the basic price was reduced by a stabiliser of 7%.
(2) The basic price must be set at a level that helps to stabilise market prices without leading to the formation of structural surpluses within the Community.
Output is to be valued at the basic price.
Components of output such as sales, payments in kind, additions to stocks and intra-unit consumed products should be valued at the basic price.
As output is valued at the basic price and intermediate consumption at purchaser price, the value added includes subsidies less taxes on products.
Work in progress and additions to it are valued proportionally to the current basic price of the finished product.
For the 2001/2002 to 2005/2006 marketing years, the basic price for beet of the standard quality shall be EUR 47,67 per tonne delivered to the collection centre.
The basic price for carcases of male bovine animals of grade R3 in the Community scale shall be set at EUR 2224/t.
However, from 1 July 2002, such aid will only be available where the average Community price for carcases of male bovine animals falls below 103 % of the basic price.
The basic price has not been increased since 1993, which means that the basis for calculating the premium has effectively been frozen.
The basic price for pig carcases applicable in Portugal shall be the common price.
The buying-in price for pig carcases of standard quality may not be more than 92 % or less than 85 % of the basic price.
Similarly, output for own final use (i.e. own-account fixed capital goods and own final consumption) should be valued at the basic price of similar products sold on the market.
The basic price can be obtained from the producer price by adding subsidies less taxes (other than VAT) on products.
The basic price is the price to be used for valuing changes in stocks (entries, withdrawals or recurrent losses of finished products or work in progress).
In line with the method for valuing output (basic price) and intermediate consumption (purchaser prices) net value added is measured at basic prices.
Wages and salaries in kind should be valued at their basic price or at the purchaser price (depending on whether the items are produced by the unit or purchased from outside).
Subsidies on products are accounted for in the basic price (cf. 2.082 to 2.086) at the time of the valuation of output and therefore do not appear in the industry's generation of income account.

Alternatives:

base price
starting price
original price
list price
retail price

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