Price. The quantity of payment or compensation given by one party to another in return for one unit of goods or services. Some monetary value ascribed to something, as being a measure of its value or perceived value.
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.