A type of contract in which the amount to be paid is fixed for a specified amount of work or specified deliverables. [D02779]

Refer to Price, Fixed

Fixed Price is a bet where you get the odds quoted at the time of your bet. Sportsbet’s ultra-competitive Proprietary Fixed Price service is available daily on all Metropolitan meetings and selected Country and Provincial meetings. Please note that Deuctions may apply to Fixed odds bets in the event of a late scratching.

In a public offering of new SECURITIES, price at which investment bankers in the underwriting syndicate agree to sell the issue to the public.

A fixed sum agreed at the outset of a contract, payable by the buyer for a specified task (also referred to as lump sum).

A selling format that lets sellers list an item for an unchanging, set price, with no auction-style bidding. This is a common alternative to using auction-style format, in which people bid for an item. For more information on buying formats, see different buying options. Sellers must have a minimum Feedback score of 0 to use the fixed price format.

A price that remains the same for a set period of months or years.

Usually used in the same sense as lump sum, but referring to goods rather than services. It is a fixed sum, agreed at the signature of the contract, to be paid to the seller for the goods traded.

A price, usually per kilowatt-hour, that remains the same over the term of the contract.

A contract in which a named, exact price is specified for commodities. A fixed price contract usually has variations to the fixed price such as escalators or redeterminations for increased costs or incentives for meeting various goals.

A price agreed to at the beginning of a contract that holds true through the length of the contract period.

A type of contract where a specified price is paid for a specific product, service, or goal. Flatbed:

Under this plan you pay the same price per therm for natural gas each month, but the bill will vary based on the amount of gas used.