Enter a word or phrase in any language 👆
Language:
Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is fixed price - definition
Fixed price
PRICING STRATEGY WHERE THE SELLER SPECIFIES AN ITEM'S PRICE UP FRONT AND DOES NOT PERMIT BARGAINING
Fixed pricing
A fixed price is a price set for a good or a service that is not subject to bargaining. The price may be fixed because the seller has set it, or because the price is regulated by the authorities under price controls.
Fixed-price contract
TYPE OF CONTRACT WHERE THE PAYMENT AMOUNT DOES NOT DEPEND ON RESOURCES USED OR TIME EXPENDED
Firm fixed-price, Firm fixed-price contract; Fixed price contract
A fixed-price contract is a type of contract such that the payment amount does not depend on resources used or time expended by the contractor. This is opposed to a cost-plus contract, which is intended to cover the costs incurred by the contractor plus an additional amount for profit.
Fixed book price
FORM OF PRICE MAINTENANCE
Fixed Book Price Law; Fixed Book Price Agreement; Fixed book price agreement
Fixed book price (FBP) is a form of resale price maintenance applied to books. It allows publishers to determine the price of a book at which it is to be sold to the public.
Examples of use of fixed price
1. This is the fixed price and there will not be any change to that either.
2. Under payment–by–results, hospitals are paid a fixed price for every procedure they perform.
3. "There is no fixed price for a particular distance," she added.
4. Historically, contractors bid for projects on a lump–sum basis and on a fixed–price contract.
5. This firm, fixed–price task order is the second to DynCorp International under the U.S.