factory price
- noun
- All citizens are able to obtain interest-free loans. During the study, academics have received an average wage for an occupation for which they were educating. If someone can find a job after graduation, the state will pay him as he does the job in his profession. For entry into marriage, the state pays for a flat or a house; vehicles can be bought at factory prices.
Examples
-
You can buy electronics directly from the manufacturer at factory price, which saves you a lot of money.
-
Buying cars at factory prices, 8.
Blog text (22) -
Let us say my F.O.B. factory price in Canada is $100 per dozen widgets.
Academic text (1991) -
The average factory price of PV modules has dropped dramatically, from roughly $80 per watt in 1975 to $4 in 1998.
Academic text (1999) -
The retailer marked up the factory price of the furniture to cover their costs and make a profit.
-
When purchasing bulk items, it's common to consider the factory price to determine the best deal.
Surface Forms
Morphology
The meaning is directly and compositionally derived from 'factory' (place/producer) + 'price' (cost), so a B1 learner who knows both words will infer it denotes the manufacturer's or at-the-factory selling price. The additional nuance that it excludes transport or extra costs follows naturally from the idea of the price 'at the factory' and this construction is common cross-linguistically, supporting full transparency.
Etymology
Factory price comes from the simple idea of buying goods where they are made: you pay the price at the factory, so you avoid extra costs like shop mark-ups or shipping. That's why it means 'sold by the manufacturer' and 'not including extra costs'.