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pricing system

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ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.pricing system - a system for setting prices on goods or services
system - a procedure or process for obtaining an objective; "they had to devise a system that did not depend on cooperation"


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PDVSA in early 2006 introduced a new pricing system for its four top export crudes in an effort to eliminate poor terms offered in some sales contracts.
Finance Minister Pranab Mukherjee said the government would form an expert group to decide on a viable fuel pricing system in an announcement just days after India hiked petrol and diesel prices by as much as 10 per cent after a recent rally in global crude prices.
The hike was "in line with the improved fuel pricing system and the recent movements in international oil prices", it said.
 
 
 
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