meaning of captive product

captive product meaning in Law Dictionary

item made particularly to be utilized with another, such as for example a refill with a ball-point pen, a blade with a razor, a battery with a torch, etc.

captive product meaning in Business Dictionary

Item made especially for usage with another item, usually from same maker. Like, shaving blades for a razor, parts for a machine, pc software for a computer or operating system. Prices of captive item is often predicated on a product-mix pricing method in which a minimal mark-up is set for partner main product (like a razor or operating-system) with increased mark-up when it comes to supplies (such blades or application pc software).