fixed price

American  

noun

1. a price established by a seller, by agreement or by authority, as the price to be charged invariably.

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Other Word Forms

• fixed-price adjective

Etymology

Origin of fixed price

First recorded in 1905–10

Example Sentences

Others, such as Air France-KLM and Lufthansa, are relatively protected by their "hedging" strategy, which involves the purchase of fuel at a fixed price several months in advance.

From Barron's

Lufthansa, for example, said in early March that it had bought 80 percent of its annual fuel needs at a fixed price.

From Barron's

Air France-KLM, for its part, said in February that it had secured a fixed price for 70 percent of its fuel for the first two quarters, and 60 percent for the quarter following.

From Barron's

Fixed price menus, served during lunch time, tend to be bargains.

From Barron's

Energy UK, which represents suppliers, said uncertainty in the wholesale fuel market has made it difficult for firms to offer a fixed price for a year or longer.

From BBC