(from the article `price index`) Another possible source of error in price indexes is that they may be based on list prices rather than actual transactions prices. List prices ... Found on http://www.britannica.com/eb/a-z/l/57
noun the selling price of something as stated in a catalogue or price list; often subject to discounts; `I got it at 30% off the list price` Found on https://www.encyclo.co.uk/local/20974
List price, often called catalog price, is the full price that an item is advertised at without taking into account any discounts or special offers. In other words, this is the amount of money the business is willing to sell their products for. Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction