GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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17:26 Mar 24, 2003 |
English to Spanish translations [PRO] Marketing | |||||||
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| Selected response from: POLARIA Local time: 03:16 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +2 | límite superior de precio / precio máximo |
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5 | Límite de precio |
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4 | Precio límite |
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límite superior de precio / precio máximo Explanation: The maximum price to be asked for in a contract (also called "max price") -------------------------------------------------- Note added at 2003-03-25 16:43:33 (GMT) -------------------------------------------------- Usually asked for in tenders, or for development contracts, where the final price is not known. Used as a limit to prevent \"gold plating\" in the final product, or excessive cost overruns. In this case, there is typically also some kind of \"price investigation\". Also used in auctions or purchase orders in volatile markets (e.g., of shares, or stock options, futures, commodities, etc.) to tell the buying agent what the maximum price is that the customer wishes to pay for the product. |
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