agency pricing
A pricing system in which a supplier sets the price charged for their product by a…A pricing system in which a supplier sets the price charged for their product by a reseller, with the reseller contractually positioned as an agent of the supplier rather than as an independent broker between supplier and consumer.
Meaning
1 senses(uncountable)A pricing system in which a supplier sets the price charged for their product by a reseller, with the reseller contractually positioned as an agent of the supplier rather than as an independent broker between supplier and consumer.
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable