Pitch Dictionary by pitch.dog
Options, shopping & attachments · Core

Purchase price

ELI5

The contractual amount payable to acquire the particular rights after option exercise or direct sale.

Used in conversation

“Flag purchase price in the next rights review.”

Definition

The contractual amount payable to acquire the specified rights after option exercise or direct sale.

Here “Purchase price” means: The contractual amount payable to acquire the specified rights after option exercise or direct sale.

Pitch context

You may encounter “Purchase price” in rights, contracts, finance, distribution & labour conversations or materials.

Why it matters: Explains who controls, pays for, approves, exploits or bears risk around a project.

Caution

Meaning and consequences may change by contract, collective agreement, territory or law. This entry is orientation, not legal advice.

Connected terms

  • Exercise an optionOne possible path for controlling and acquiring underlying rights.
  • OptionComputed from definition language and shared taxonomy. This indicates proximity, not synonymy.
Sources & evidence · 8

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.