recommended retail price
noun/ˌrekəmendɪd ˌriːteɪl ˈpraɪs/
/ˌrekəmendɪd ˌriːteɪl ˈpraɪs/
(abbreviation RRP)
- (in Britain) a price that a company recommends for one of its products. Shops may then sell the product at this price, but are not legally required to do so.
Want to learn more?
Find out which words work together and produce more natural sounding English with the Oxford Collocations Dictionary app.
Check pronunciation:
recommended retail price