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Highest price charged

Defined in 1 dictionary — Case Law

Definitions from Case Law

United States Supreme Court

one of two things: (1) It means the top price for which an article was delivered during March 1942, in completion of a sale to a purchaser of the same class; (2) If there was no actual delivery of a particular article during March, the seller may establish as his maximum price the highest price at which he offered the article for sale during that month.

Defined by the Supreme Court in Bowles v. Seminole Rock Sand Co, 325 U.S. 410 (1945).