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

In the latest case, trading in oil and S&P 500 futures contracts, in which an investor promises to buy or sell an asset at a fixed price at a later date, saw an unusual spike in trading early Monday.

From Barron's

Warrants are long-term call options that give the holder the right to buy a stock for a set period at a fixed price.

From Barron's

Many airlines hedge their fuel to negotiate a fixed price, and stock up on fuel while it’s less expensive.

From Los Angeles Times

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