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

Defense, Space & Security’s profitability has been depressed for a while, partly because of fixed price contracts that have declined in value as inflation raised costs.

From Barron's

To meet its electricity target, the tech company uses what are known as corporate power purchase agreements, or PPAs, where companies agree a long-term contract with a renewable energy provider to buy power at a fixed price.

From The Wall Street Journal

Call options give the holder the right to buy a stock for a fixed price in the future.

From Barron's

Call options give the holder the right to buy a stock for a fixed price in the future.

From Barron's

Having an options straddle position means simultaneously buying a call option, which gives the holder the right to buy shares of a company at a fixed price at a date in the future, and a put option, which gives the holder the right to sell shares at a date in the future.

From Barron's