dual pricing
noun[U]
ukusECONOMICS,COMMERCE
thesaleof the sameproductat differentpricesto differentmarkets:
Thebuildingsocietydeniedoperatingadualpricingstrategyfor new andexistingcustomers.
FINANCE
thesituationin whichbuyersofsharespayahigherpricethanpeoplewhosellthemreceive:
Unittrustsusedualpricing, where thepriceat whichunitsmay beboughtishigherthan thepriceat which they may besold.
COMMERCE,MONEY
thesituationin whichpricesare given in twocurrenciesorbasedon twosystemsofmeasurement:
Aspokesmansaid, "Aslongas there isdualpricing,customersused toimperialmeasurementswill neverlearnthemetricway".