Define: Law of One Price

Business, Legal & Accounting Glossary

Definition: Law of One Price


Quick Summary of Law of One Price


The law of one price is an economic concept that states that the price of an identical asset or commodity will have the same price globally, regardless of location, when certain factors are considered.



Advertisement




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/law-of-one-price/
Modern Language Association (MLA):
Law of One Price. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 07, 2020 https://payrollheaven.com/define/law-of-one-price/.
Chicago Manual of Style (CMS):
Law of One Price. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/law-of-one-price/ (accessed: April 07, 2020).
American Psychological Association (APA):
Law of One Price. PayrollHeaven.com. Retrieved April 07, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/law-of-one-price/

Definition Sources


Definitions for Law of One Price are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th January, 2020