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.
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fixed price

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
They have sent me an offer for their cheapest similar fixed price tariff for next year and have estimated this to be PS2,111.65.
However, negotiations on the fixed price contract shall continue to allow the contract to be executed not later than December 12, 2018.
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.
They include a three-year fixed price of $5.50 per kilo of milk solids, a one-year fixed price of $5.10 per kilo of milk solids and a one-year variable price is $5 per kilo of milk solids.
RUNNERS UP Fixed Price Trade Limited: Established less than a year ago, Fixed Price Trade Limited offers fixed price installation services for a range of home improvements and services.
(1) In contrast, in our sample period from 1996 to 2003, 20 underwriters (of the top 42 largest underwriters in Taiwan) used both auctions and fixed price public offers.
SAAB Parts UK has expanded its national fixed price repairs offer to include a cambelt and water pump change, plus a warning light diagnostic check.
Big Six energy firm EDF is taking on its smaller rivals with a fixed price tariff that it claims is one of the cheapest around.
Designed to be as simple and straightforward to use as the original Air Charter Guide online directory, individuals and corporations can now make a firm offer at a fixed price for a private air charter flight, specifying type of aircraft and trip parameters.
M2 EQUITYBITES-April 2, 2014-Air Charter fixed price bidding platform provides real-time, private air charter quoting, booking