What is another word for legal price?

Pronunciation: [lˈiːɡə͡l pɹˈa͡ɪs] (IPA)

Legal Price is defined as the price at which a good or service can be sold in accordance with the law. There are various synonyms for the term such as lawful price, legitimate price, authorized price, and approved price. These terms are interchangeable and used to describe a price that is within the guidelines of the law and regulations. The legal price is often determined by supply and demand, government regulation, and competition in the market. Any price above or below the legal price can lead to legal consequences for the seller. Understanding the synonyms for legal price is essential for businesses to ensure they comply with the law and maintain ethical business practices.

Synonyms for Legal price:

What are the hypernyms for Legal price?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for legal price?

The legal price refers to the established price for a particular product or service. However, there are several antonyms for this term, including illegal price, unfair price, and black market price. An illegal price is one that is set outside the legal framework, often involving unethical and unlawful activities. An unfair price may refer to a product or service that is priced too high or too low, leading to a disadvantage for the consumer or the seller. Lastly, a black market price refers to the price determined by the forces of supply and demand in an unauthorized market outside the legal system. In conclusion, antonyms for the legal price include illegal price, unfair price, and black market price.

What are the antonyms for Legal price?

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