Dual Pricing

Dictionary Says

Definition of 'Dual Pricing'

The practice of setting prices at different levels depending on the currency used to make the purchase. Dual pricing may be used to accomplish a variety of goals, such as to gain entry into a foreign market by offering unusually low prices to buyers using the foreign currency, or as a method of price discrimination.
Investopedia Says

Investopedia explains 'Dual Pricing'

Dual pricing can also take place in different markets that use the same currency. This is closer to price discrimination than when dual pricing is implemented in foreign markets and different currencies. Dual pricing is not necessarily an illegal pricing tactic; in fact, it is a legitimate pricing option in some industries. However, dual pricing, if done with the intent of dumping in a foreign market, can be considered illegal.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Pricing Power

    An economic term ...
  2. Competition-Driven Pricing

    A method of ...
  3. Predatory Pricing

    The act of ...
  4. Imperfect Competition

    A type of market ...
  5. Rational Pricing

    A financial ...
  6. Versioning

    A business ...
  7. Value-Based Pricing

    The setting of a ...
  8. Prisoner's Dilemma

    A paradox in ...
  9. Economic Profit (Or Loss)

    The difference ...
  10. Minimum Wage

    The minimum ...

Articles Of Interest

  1. A History Of U.S. Monopolies

    These monoliths helped develop the economy and infrastructure at the expense of competition.
  2. What Determines Gas Prices?

    Gas prices are influenced by more than supply and demand. Find out what determines the price you pay at the pump.
  3. Do Cheap Imported Goods Cost Americans Jobs?

    Flooding the market with cheap products can mean job losses and even market collapse - but dumping isn't as threatening as it seems.
  4. Is Growth Always A Good Thing?

    Getting big quickly looks good, but companies can get into trouble when they do it too fast. Find out how to spot this trouble.
  5. The Impact Unpaid Internships Have On The Labor Market

    The dramatic increase in unpaid internships has given rise to favorable and unfavorable arguments based on their impact on the students/interns, the labor force and the economy as a whole.
  6. A Primer On Inflation

    Inflation has a negative connotation, but is it all bad or does it offer some tangible benefits?
  7. The Uncertainty Of Economics: Exploring The Dismal Science

    Learning about the study of economics can help you understand why you face contradictions in the market.
  8. Understanding Interest Rates, Inflation And The Bond Market

    Get to know the relationships that determine a bond's price and its payout.
  9. A Silver Primer

    Find out what affects the price of silver, the types of investments that can be made and the methods in which it is traded.
  10. The Greatest Currency Trades Ever Made

    These speculators took big positions - and scored huge profits - in the currency market.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center