diff --git a/addons/product/models/product_template.py b/addons/product/models/product_template.py
index a3c9b2aed60..fa34ae65a82 100644
--- a/addons/product/models/product_template.py
+++ b/addons/product/models/product_template.py
@@ -78,7 +78,7 @@ class ProductTemplate(models.Model):
         digits='Product Price')
     # list_price: catalog price, user defined
     list_price = fields.Float(
-        'Sale Price', default=1.0,
+        'Sales Price', default=1.0,
         digits='Product Price',
         help="Price at which the product is sold to customers.")
     # lst_price: catalog price for template, but including extra for variants
diff --git a/addons/product/views/product_views.xml b/addons/product/views/product_views.xml
index e9b9cbd1fe2..89614d2da41 100644
--- a/addons/product/views/product_views.xml
+++ b/addons/product/views/product_views.xml
@@ -47,7 +47,7 @@
                                 <group name="group_standard_price">
                                     <label for="list_price"/>
                                     <div name="pricing">
-                                      <field name="list_price" string="Sales Price" class="oe_inline" widget='monetary'
+                                      <field name="list_price" class="oe_inline" widget='monetary'
                                         options="{'currency_field': 'currency_id', 'field_digits': True}"/>
                                       <button name="open_pricelist_rules" icon="fa-arrow-right" type="object"
                                         groups="product.group_product_pricelist" class="oe_inline">