: a price quoted in terms of so much per agreed or standard unit of product or service
agreed to take the gravel at a unit price of 50 cents a yardoften : an inclusive price quoted to cover all incidentals (as transportation or installation) as well as the basic unit of product or service
purchasing on a unit price relieves the buyer of inconvenience but may be more expensive
quoted a unit price for the funeral
* * *1. rate1 (def. 3).2. a price for a service or commodity that includes all extra costs incidental to the item: the unit price of a wedding.[1965-70]
* * *unit price noun• • •Main Entry: ↑unit
* * *the price of each single thing, especially a share in a company
Useful english dictionary. 2012.