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price discrimination. The practice of offering identical or similar goods to different buyers at different prices when the costs of producing the goods are the same. • Price discrimination can violate antitrust laws if it reduces competition. It may be either direct, as when a seller charges different prices to different buyers, or indirect, as…

absorbable risk.See RISK. [Blacks Law 8th]

absolvitor (ab-sol-vi-t<<schwa>>r), n. Scots law. A decision in a civil action in favor of the defender; an acquittal. — absolvitory,adj.[Blacks Law 8th]

absolve   (ab-   or   <<schwa>>b-zolv),   vb.1.   To   release   from   an   obligation,   debt,   or responsibility. 2. To free from the penalties for misconduct. — absolver,n. [Blacks Law 8th]

price/cost analysis. A technique of determining, for antitrust purposes, whether predatory pricing has occurred by examining the relationship between a defendant’s prices and either its average variable cost or its average total cost. [Blacks Law 8th]

price amendment. Securities. A change in a registration statement, prospectus, or prospectus supplement affecting the offering price, the underwriting and selling discounts or commissions, the amount of proceeds, the conversion rates, the call prices, or some other matter relating to the offering price. [Blacks Law 8th]

price. The amount of money or other consideration asked for or given in exchange for something else; the cost at which something is bought or sold. [Cases: Contracts 229(1); Sales 74.1. C.J.S. Contracts § 379; Sales § 94–96.] agreed price. The price for a sale, esp. of goods, arrived at by mutual agreement. Cf. open…

previous question. See CLOSE DEBATE. [Blacks Law 8th]

previous notice. See NOTICE(6). [Blacks Law 8th]

previously taxed income. See INCOME. [Blacks Law 8th]