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 classic literature ?
But really there were no fixed prices, and insistent boys could get bicycles and the thrill of danger for an hour for so low a sum as threepence, provided they could convince Grubb that that was all they had.
They gave us checks for them and charged a fixed price, payable in advance--five cents.
About it, on three sides, the ordinary part of the audience had stood during the performance, while the inn-guests and persons able to pay a fixed price had sat in the open galleries which lined the building and ran all around the yard.
Does not the previous argument imply clearly that we should send him to those who profess and avouch that they are the common teachers of all Hellas, and are ready to impart instruction to any one who likes, at a fixed price?
'Essential commodities should be sold at their fixed prices at Ramazan Bazars,' Justice Sheikh said, questioning why does the government talk about fixing prices only in Ramazan.
'Essential commodities should be sold at their fixed prices at Ramzan bazaars,' Justice Sheikh said, questioning why does the government talk about fixing prices only in Ramzan.
All assistant commissioners and mukhtiarkars have also been assigned duties to ensure the availability of food items to the common people at fixed prices during Ramazan.
Earlier, the petitioner had informed the court that authorities concerned were unable to ensure selling of milk at administration's fixed prices, adding that dairy products were not being sold under Price Control and Prevention Profiteering and Hoarding Act, 1977.
Cement facilities of Uzbekistan are opening points of sale of cement to the population at fixed prices to prevent speculation in the market, Uzbek media reported.
Prices of goods are determined according to the free market rules of supply and demand, and any talks on fixed prices are to no avail, Meselhi added.
He directed to ensure the provision of petroleum products throughout the province, at the fixed prices.