Define: Extended Price
Extended Price means the result of multiplying the unit price per [unit of time or item] by the estimated amount of [time or items].
Extended Price means the result of multiplying the unit price per [unit of time or item] by the estimated amount of [time or items].
Relevant Circumstances
- When needed to calculate the total cost for servicing or supplying a client or customer over an estimated period or amount.
- During the negotiation of a deal, which stipulates pricing based on estimated usage or consumption.