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 incentive contract A fixed price type of contract with provision for the adjustment of profit and price by a formula based on the relationship that final negotiated total cost bears to negotiated target cost as adjusted by approved changes. ...
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...
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...
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. ...
7 Pairs of Commonly Confused Words What's the difference between 'fascism' and 'socialism'? More Commonly Misspelled Words Words You Always Have to Look Up Your vs. You're: How to Use Them Correctly Popular in Wordplay See All More Words with Remarkable Origins ...
The first known use offixed-pointwas in 1948 See more words from the same year Dictionary Entries Nearfixed-point fixed oil fixed-point fixed price See More Nearby Entries Cite this Entry Style “Fixed-point.”Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dic...
Specific taxes从量税:are taxes based on fixed amount per unit. Ad valorem taxes从价税:are taxes based on the percentage of the price charged. Subsidies补贴:a subsidy given to an individual, business or institution, usually by the g...
A fixed exchange rate is a regime where the official exchange rate is fixed to another country's currency or the price of gold.
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. ...