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单词 price agreement
释义

price agreement

Definition
An agreement between a supplier and business customer regarding the pricing of a specific commodity. Unlike a quote that may expire or be changed at any time, an agreement is usually good for a specified period of time. It may be a fixed price, or the price may be tied to a market index. For example, the cost of fuel may be calculated as the daily average cost at the nearest distribution hub plus a specific margin.
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更新时间:2025/4/16 22:17:32