CLOSE-PRICE


Meaning of CLOSE-PRICE in English

ˈ ̷ ̷ˌ ̷ ̷ intransitive verb

Etymology: close price

: to limit prices so as to allow only a slight margin of profit especially through government negotiation with manufacturers when competition is not effective

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.