unit pricing

American  

noun

1. the system of indicating the cost of a consumer product in terms of a standard unit of measure, as so much per pound, quart, or yard, in addition to the price per can, bottle, or piece.

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unit pricing British  

noun

1. a system of pricing foodstuffs, etc, in which the cost of a single unit is shown to enable shoppers to see the advantage of buying multipacks

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Etymology

Origin of unit pricing

First recorded in 1965–70