An example of a contract price is when two parties enter into a contract to sell a house for the cost of $100,000. This means $100,000 is the contract price. This is also a term that is used in taxes when it comes to calculating how much gain was realized for an installment sale.

Contracted pricing can take many forms depending on the type of transaction and industry involved. For example, some contracts may specify that certain products must always be purchased at a specific price, even if the market value fluctuates over time.