0 a price that will not change after it is agreed:
We agreed to purchase the finished goods at a fixed price.
With a fixed-price contract, the builder pays all extra costs beyond its agreed-upon value.
1 a price that is set by a government, etc.:
In this model, if the price of oil were to rise above the fixed price set by the U.S. government, the government would pay the difference.
NIEUWE WOORDEN
European
May 10, 2021
WOORD VAN DE DAG
Shimmer
fixed price