Webster's Online Dictionary
with Multilingual Thesaurus Translation

 
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Specialty Expressions: INDICATIVE PRICE

ExpressionsDomainDefinition
Indicative priceFinance1: A bid and offer price provided by a market maker for the purpose of evaluation or information, not as firm bid or offer price at which he is willing to trade. Source: European Union. (references)
  2: The price level set by government to indicate when prices have fallen sufficiently to require import controls. Source: European Union. (references)
Indicative pricePublic AdministrationInformal understanding among producers and consumers on ---s and quotas on hard fibers and jute. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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