What is the term used for the price a veterinary hospital sells an item to a client?

The term "retail price" refers to the price at which a veterinary hospital sells items directly to clients. This price represents the final amount a customer pays for a product after any markups or adjustments have been applied. It typically includes not just the cost of the product, but also overhead expenses such as labor, rent, and additional services offered by the veterinary practice.

In the context of veterinary practice, understanding the retail price is crucial for both client satisfaction and business profitability, as it reflects the value of services and goods provided to pet owners. It can vary based on location, brand, and market demand, but fundamentally, it is designed to cover costs and provide a profit margin for the veterinary facility.

The other terms, while related to pricing, do not accurately describe the price charged to clients at the veterinary hospital. Cost price focuses on the expenses incurred to obtain a product, wholesale price pertains to the price set for bulk purchases before reaching the retailer, and market price reflects the amount commonly accepted in a competitive environment, which may not correspond to what is charged to individual clients.