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fixed price

noun
1.
a price established by a seller, by agreement or by authority, as the price to be charged invariably.
Origin
1905-1910
1905-10
Related forms
fixed-price, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for fixed price
  • The only real question is whether those contracts are cost-plus with endless cost overruns, or whether they'll be fixed price.
  • The government guarantees producers a fixed price for domestic sugar and sets strict quotas and tariffs for foreign sugar.
  • Dark pools avoid this by executing the entire trade at a fixed price.
  • The government guarantees a fixed price for electricity even though much of it comes from oil-fired power stations.
  • The dollar in turn was tied to gold at a fixed price.
  • They would be much safer than to-day's systems and, being modular, could be built at a fixed price.
  • Try running a casino where all visitors get the same amount of fiches for a fixed price for the evening.
  • It allows a seller asking a fixed price to entertain a best offer.
  • As for the lack of profitability of the fixed price contract, that is yet to be seen.
  • The banquet menus are fixed price and offer four-course meals.

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