Retail Price

Manufacturer's Suggested Retail Price (MSRP)
The Manufacturer's Suggested Retail Price (MSRP) is the price at which the manufacturer recommends that retailers sell a particular item. It is a suggested guideline for pricing, not a mandatory rule.
Overcharge
An overcharge occurs when a retail price charged is greater than the actual retail price of an item, often due to errors, necessitating a refund to the customer.
Target Price
Target price refers to the projected price level of a financial security, as projected by an analyst or determined by an acquirer in various financial and business contexts.

Accounting Terms Lexicon

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