Meaning & use

factory prices

noun·Everyday

Last updated

UK/ˈfæk.tri ˌpraɪ.sɪz/
US/ˈfæk.tɚ.i ˌpraɪ.sɪz/

Meanings

  1. nounplural

    The prices that a manufacturer charges buyers for goods, before shops add their own markup.

    Grammar: Almost always plural in this pattern; use the singular "factory price" when talking about one product.

    Patterns

    • factory prices for something
    • at factory prices
    • factory prices rise/fall

    Retailers buy the shoes at factory prices and sell them for twice as much.

    Factory prices for steel have fallen since the new plant opened.

    The catalog lists factory prices, so you can see what shops pay before markup.

  2. nounpluralinformal

    Prices charged at a factory outlet or direct sale, lower than normal shop prices.

    Grammar: Often used in ads to mean cheap direct-from-maker deals; it describes the level of the prices, not one sum.

    Patterns

    • buy something at factory prices
    • factory prices on something

    The outlet sells coats at factory prices, sometimes half of what malls charge.

    Shoppers came early hoping to get furniture at factory prices.

Word forms

singularfactory price

Common combinations

factory prices for goods
Factory prices for goods are set before shipping costs are added.
at factory prices
You can buy directly from the maker at factory prices.
factory prices rise
Factory prices rise when raw materials get more expensive.
factory prices fall
Factory prices fell after the new production line opened.
compare factory prices
Buyers compare factory prices before placing a large order.

Synonyms and how they differ

wholesale prices
Very close in meaning, but wholesale prices can also come from distributors, not only factories.
ex-works prices
A more technical business term for the price at the factory gate, before transport.
list prices
The maker's published prices; they may be discounted, while factory prices are what buyers actually pay.

Opposites

retail prices

Word family

factory price noun
The singular form, used for one product or one deal.
factory noun
A building where goods are made in large amounts.
factory outlet noun
A shop that sells goods directly from the maker, often cheaply.

Commonly confused: factory prices or retail prices? factory prices or price fixing?

factory prices vs retail prices

Retail prices are what customers pay in shops; factory prices are lower and come before the shop's markup.

factory prices vs price fixing

Price fixing means companies illegally agreeing on prices, not simply the prices a factory charges.

Practice

The store buys directly from the maker, so it pays ______.

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