1. See:Offering price. 2. Apricethat is not subject to negotiation. The fixed price may be set by a government, or may indicate that thesellerhas no interest to lower the price for any reason. One must either pay the fixed price or notbuythe product. Many products must specify whether...
fixed price type contract A type of contract that generally provides for a firm price or, under appropriate circumstances, may provide for an adjustable price for the supplies or services being procured. Fixed price contracts are of several types so designed as to facilitate proper pricing under ...
Types of Fixed-Price Contracts Fixed-Price Contract Example Lesson Summary Frequently Asked Questions Why have a fixed-price contract? As a seller, one can avoid the risk of losing out on profit when market prices drop. As a buyer, one avoids the risk of paying more for goods or services...
A fee is a fixed price charged for a specific service. Fees are applied in a variety of ways and appear as costs, charges, commissions, and penalties. Fees are most commonly found in heavily transactional services and are paid in lieu of a wage or salary. Key Takeaways Most often, fees...
to fix a price. Synonyms:define,establish to direct (the eyes, the attention, etc.) steadily: His eyes were fixed on the distant ship. to attract and hold (the eye, the attention, etc.). to make set or rigid. to put into permanent form. ...
Accurate calculation of fixed costs allows you to make informed decisions about operational adjustments, investments, or cost-cutting measures. It can also help you determine when your sales will break even, providing important insight into your company’s financial performance. Ultimately, a clear und...
Using both press releases and annual reports, we were able to estimate the dollar value of fixed costs for GMNA to be between $40 billion and $29 billion (see Table 1). Idle capacity costs: it isn't just the expense Explained by: Sales Volume Variance $420 Favorable Selling Price Varianc...
Fixed vs. Floating Lookback Options When using a fixed strike lookback option, the strike price is set or fixed at purchase, similar to most other types ofoption trades. Unlike other options, however, at the time of exercise, the most beneficial price of the underlying asset over the life...
Point of View: It's Personal Plural and Possessive Names: A Guide What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Popular in Wordplay See All 8 Words with Fascinating Histories ...
Point of View: It's Personal Plural and Possessive Names: A Guide What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Popular in Wordplay See All 8 Words with Fascinating Histories ...