trigger pricing
A pricing strategy in which a company sets the price of a product relative to an index…A pricing strategy in which a company sets the price of a product relative to an index value, with a time frame in which buyers can purchase the product for this price if the index-based price reaches an acceptable level. Usually the seller sets a minimum order size to qualify for the trigger price.
Meaning
1 senses(uncountable)A pricing strategy in which a company sets the price of a product relative to an index value, with a time frame in which buyers can purchase the product for this price if the index-based price reaches an acceptable level. Usually the seller sets a minimum order size to qualify for the trigger price.
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable