Define: Regular price

How is Regular price defined in a legal contract?

• Regular price means the cost at which similar goods or services are typically sold in the market. Seen in 9 SEC filings
• Regular price means the cost that a supplier has offered the goods or services recently under fair conditions in the course of regular business. Also, every price represented in an advertisement is considered regular unless specifically represented otherwise. Seen in 9 SEC filings
• Regular price means the cost at which goods or services are openly and actively sold by a supplier to the public on a continuous basis over a substantial period of time. Seen in 8 SEC filings
• Regular price means the purchase cost before the application of any discounts. Seen in 6 SEC filings
• Regular price means the price that a supplier has recently asked for the goods or services. Seen in 5 SEC filings
• Regular price means the cost of Licensed Products sold at the suggested wholesale price, or a price with no more than a certain percentage discount from the suggested wholesale price. Seen in 2 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of regular price' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Regular price means the typical cost of comparable goods or services sold in the market by any supplier over a substantial period.

Relevant Contract Types

• Sale of Goods Agreement
• Service Contract
• Supply Agreement
• Licensing Agreement
• Distribution Agreement

Relevant Circumstances

• Procuring goods or services for business operation
• Selling goods or services to customers
• Establishing regular pricing for products or services
• Advertising or promotional purposes

Relevant Sectors

• Retail
• Manufacturing
• Services
• Consumer goods

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Genie Definition 2

• Regular price means the cost of a product before the application of any discounts.

Relevant Contract Types

• Sales Promotion Agreement
• Inventory Purchase Agreement

Relevant Circumstances

• Offering discounts or promotional sales
• Determining financial terms of a sales agreement
• Pricing inventory or goods for sale

Relevant Sectors

• E-commerce
• Retail
• Wholesale
• Entertainment

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