fixed price

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Fixed Price

1. See: Offering price.

2. A price that is not subject to negotiation. The fixed price may be set by a government, or may indicate that the seller has no interest to lower the price for any reason. One must either pay the fixed price or not buy the product. Many products must specify whether or not they have fixed prices because price negotiation is common in many parts of the world. For example, if Wal-Mart sells milk for $3 per gallon, milk is offered on a fixed price basis because the customer cannot make a counter-offer for $2.50. One either buys the milk at $3 or does not.

fixed price

References in periodicals archive ?
A list of socially vulnerable groups of people and organizations selling cottonseed oil at a fixed price must be also created.
In this paper, we explore the question by analyzing an IPO sample consisting of both fixed price public offerings and hybrid auction offerings in Taiwan from 1996 to 2003.
However, the contracting officer also must not go blindly onto the path of fixed price without considering that a fixed price may reduce the uncertainty of the acquisition in one area but increase it in others.
For flue gas analysers which have already had their first service Testo will recommend the Fixed Price Service & Calibration option.
Contractors make convenient scapegoats, and fixed prices sound like an easy way to help alleviate the budget crisis.
The company, which is owned by its customers, has called for the end of the practice, which it claims locks customers into a fixed price contract then penalises them up to pounds 100 if they decide to switch supplier.
Other consumers who recently came off fixed price plans were not as lucky.
It said the changes would enable all sellers to choose between fixed price sales and auctions.
Source for Native American Products, Eastport, ME, is being awarded a maximum $31,200,000 firm fixed price, indefinite quantity contract for JSLIST chemical protective suits.
While many other landlords go into fixed price contracts for convenience, such a strategy was not unilaterally beneficial to SL Green or its tenants.
It's been on the market for few months and my solicitor has suggested that it's marketed at a fixed price at this time of year.
One method that has been adopted to implement value pricing is the fixed price agreement.