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MSRP
This term functions as a benchmark for pricing rather than a legally binding price. It is most commonly encountered in the automotive and electronics industries, where it serves as a starting point for negotiations between the buyer and the dealer.
In a commercial context, "below MSRP" indicates a discount or a competitive sale, while "above MSRP" often suggests high demand or a scarcity of supply, frequently seen in the resale of limited-edition collectibles or high-end hardware.
Meanings
Examples
The car is listed at an MSRP of thirty thousand dollars.
I can get this laptop for two hundred dollars below MSRP.
Why are they charging more than MSRP for a basic game console?
I wonder if the actual price will be lower than the MSRP.
Most retailers stick close to the MSRP to maintain profit margins.
Check the MSRP before you go to the store so you know if you are getting a deal.