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Flat Price

   Also found in: Wikipedia 0.01 sec.
Flat price (also clean price)
The quoted newspaper price of a bond that does not include accrued interest. The price paid by the purchaser is the full price.

Clean Price
The price of a coupon bond that does not include any interest that accrues. That is, a clean price is the price of a bond discounting future cash flows. Because the dirty price does include interest between coupon payments, the dirty price and the clean price will equal each other only immediately following a coupon payment. Most American exchanges use the clean price when quoting bond prices.


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Saturns were, and are still, sold at a flat price with no dickering, dealing or haggling.
Binding: The mover quotes a flat price based upon a given inventory.
But it added that the predicted flat price growth for the year needed to be seen in context, with house prices soaring by 179 per cent during the past 10 years.
 
 
 
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