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Definition of purchase price noun from the Oxford Advanced Learner's Dictionary

purchase price

noun
 
/ˈpɜːtʃəs praɪs/
 
/ˈpɜːrtʃəs praɪs/
[usually singular] (formal)
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  1. the price that is paid for something you buy
    • the purchase price of the house
    compare asking price, cost price, selling price
See purchase price in the Oxford Advanced American Dictionary
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