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.
LINK / CITE ADD TO WORD LIST. noun. The definition of a principle is a basic truth or the source or origin of something or someone. An example of principle is a list of values set by a group of people. 1  the ultimate source, origin, or cause of something. 2  a natural or original tendency, faculty, or endowment.