How would you call a date when a company sets its price? I. e. a carmaker will set the price for its new model on a certain date.

The context is a legal contract. In particular, does it sound right to say, "the date of new price setting" or "the date of the new price declaration"?

  • The price of a product. – cloud_nine Feb 8 '16 at 11:30
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    Ok so, a carmaker will set the price for its new model on ...... Is this what you mean? – user66974 Feb 8 '16 at 11:30
  • @Josh61 Yes, exactly – cloud_nine Feb 8 '16 at 11:33
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    Please add those information in your question to clarify what you are looking for. – user66974 Feb 8 '16 at 11:34
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    In your example car the price is not set until you buy it An MSRP is assigned but customers are able to negotiate with the dealer. Also with many other cases a contract (cars, labor agreements) will need to finalized before the price is set. If you are talking about commercial retail (grocery store, clothing store) I do not think their a generic term, although there may be a legal one. – Skooba Feb 8 '16 at 16:36

If you are writing a legal contract you have the power to define terms used in the contract. You can write something like this:

For the purposes of this contract, the following definitions apply:

Pricing Date--means the date the price is set by...

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I think "price renewal date" would be used

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