What is "Recurring Price"?

[rodnikosh]

in my crm System, i have a price of a product and a Recurring price.
what is the recurring price of a product?

tried to google it but didn't actually understand,
is it the price of the product in next billing period (month, year) ?
or is it a price of payments?

 

[kirby]

Contact the vendor of the crm system and ask them