What is the definition of Based-on pricing? | Dictionary.net

BASED-ON PRICING

\bˈe͡ɪstˌɒn pɹˈa͡ɪsɪŋ], \bˈe‍ɪstˌɒn pɹˈa‍ɪsɪŋ], \b_ˈeɪ_s_t_ˌɒ_n p_ɹ_ˈaɪ_s_ɪ_ŋ]\

Definitions of BASED-ON PRICING

1910 - Black's Law Dictionary (2nd edition)

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Setting a price based on another item. No cost analysis is made in the process. If the two items are so similar any difference is justified.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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