fix

(redirected from fixes)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.
Related to fixes: fixes up

Fix

To set the price of a good or service, especially by the collusion of two or more companies. For example, two railroad companies may agree to set an artificially high price for train tickets. If these companies control a sufficient market share of railroads, then customers have no choice but to pay the high prices. In general, price fixing is illegal, but some governments, especially in developing economies, both allow and encourage the practice. Neo-liberal economists consider price fixing an inefficient practice, and in the United States it is a criminal offense under the Sherman Act. See also: Antitrust.

fix

To set the price of a commodity. For example, commodity traders in London fix the price of gold on a daily basis.
References in classic literature ?
He was like a babe which, having wept its fill, raises its eyes and fixes upon a distant toy.
Thee'st got too much gristle i' thy bones yet"; or as he fixes his keen black eyes on the motions of a workman on the other side of the room and warns him that his distances are not right.
As I take my seat on the estrade, she fixes her eye on me; she seems resolved to attract, and, if possible, monopolize my notice: to this end she launches at me all sorts of looks, languishing, provoking, leering, laughing.
His time has come, lad; see it in his eyes—when an Indian fixes his eye, he means to go but to one place; and what the wilful creatures put their minds on, they’re sure to do.