basic price
- noun
- Specialized
- The basic price of the furniture was $500 before tax and any additional fees.
- percent of the basic price
Examples
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I knew the basic price I was going to pay and the most likely outcomes.
Blog text (26) -
I think we have to decide on a basic price first and then I could know how I can accommodate the frills.
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For practical considerations, a $5/b increase on the basic price is incorporated for every five years; thus, scenario II is based on $20, $25, $30, and $35 during 2000-2004, 2005-2009, 2010-2014, and 2015-2019, respectively.
Academic text (2001) -
Make sure to check the basic price of the service before adding extra options.
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When purchasing a car, it's important to know the basic price to understand the total cost.
Antonyms
How High
Surface Forms
Morphology
The phrase is compositionally interpretable — 'basic' modifies 'price' to signal a core or base cost, so a B1 learner who knows both words would probably infer it means the initial/fundamental price. However, the detailed fiscal meaning (specifically excluding VAT/sales tax and including subsidies) is a technical accounting specification not predictable from the constituents alone, so full understanding requires domain knowledge.
Etymology
Basic price comes from the picture of a simple price tag showing the base amount: basic means the starting level and price is the amount on the tag. So the basic price is the starting amount you see 'before tax' and that already includes any government help the seller receives.