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Definitions from the Web

MSRP

Definition:

MSRP stands for Manufacturer's Suggested Retail Price. It is the price recommended by the manufacturer for a product to be sold at retail locations.

Senses:

1. As a noun: The suggested retail price set by the manufacturer.
2. As a verb: To provide or recommend a manufacturer's suggested retail price for a product.

Usage:

Popular Usage:

1. I bought this new laptop for $200 off the MSRP.
2. The store is selling the product at a higher price than the MSRP.
3. Before buying a car, it's good to know the MSRP to negotiate a better deal.

Local Usage:

1. "What's the MSRP on this phone?" she asked the salesperson.
2. He always suggests selling products below the MSRP to attract local customers.

For more information and examples, check out:

• Related products on Amazon