What does "cost price" mean?

The amount paid by a trader for goods purchased.

Cost price

Common synonyms include: acquisition cost, book cost, buy price, cost basis, historical cost, procurement price.

noun

noun ·Rare ·Advanced level

Noun

1
The amount paid by a trader for goods purchased. countable, uncountable
2
The cost to a manufacturer of producing an item, before any profit is taken. countable, uncountable