[SalesForce] Standard vs Standard Price Book

What is the difference between Standard and Standard Price Book? I am quite confused why there are two price books by default.

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Best Answer

The one without the "Is Standard Price Book" checkbox checked is actually a custom price book. I know that some templates come with this extra price book built in for whatever reason, but it bears no special significance. It can be deleted like any custom price book, unlike the standard price book, which may never be deleted (though it can be deactivated).