- Literally, the amount of value placed upon an item of goods or merchandise in the invoice in which the item appears. Appearing in a stipulation in a contract of carriage that the liability in case of loss of the goods shall be limited to the invoice price at the point of shipment, the term "invoice price" is not rendered meaningless by the fact that no invoice was actually made out or agreed upon; by application of the rule of reasonable construction, it should be considered to mean the actual value of the goods where loaded and ready for transportation. Pierce v Southern Pacific R. Co. 120 Cal 156, 47 P 874, 52 P 302. See invoice purchase price.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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Invoice price — The price that the buyer of a futures contract must pay the seller when a Treasury Bond is delivered. The New York Times Financial Glossary * * * invoice price invoice price ➔ price1 * * * invoice price UK US noun [C] FINANCE ► the amount of… … Financial and business terms
invoice price — The price that the buyer of a futures contract must pay the seller when a Treasury bond is delivered. Bloomberg Financial Dictionary * * * invoice price invoice price ➔ price1 * * * invoice price UK US noun [C] FINANCE ► the amount of money… … Financial and business terms
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invoice value — The invoice price. The cost price rather than the actual value. Knopfler v Flynn, 135 Minn 333, 160 NW 860. See invoice price … Ballentine's law dictionary
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invoice — document which shows the customer charges for goods delivered or work done. Glossary of Business Terms Bill written by a seller of goods or services and submitted to a purchaser for payment. Bloomberg Financial Dictionary The document against… … Financial and business terms
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