Show more usage examples... You need to know what the wholesale price of any materials are so that you can figure out how much to charge for your product.
Fundamental norms, rules, or values that represent what is desirable and positive for a person, group, organization, or community, and help it in determining the rightfulness or wrongfulness of its actions. Principles are more basic than policy and objectives, and are meant to govern both. See also principle.
an accepted or professed rule of action or conduct: a person of good moral principles. 2. a fundamental, primary, or general law or truth from which others are derived: the principles of modern physics. 3. a fundamental doctrine or tenet; a distinctive ruling opinion: the principles of the Stoics.