fixed price

USAGE SUMMARY

"fixed price" is a correct and usable phrase in written English.
You would use this phrase when you are referring to something that has a specific, non-negotiable price. For example, you might say "This store has a fixed price of $50 for this item."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

35 human-written examples

Firm fixed price contract.

Cornell University

Brunch, $35 fixed price.

The New York Times

Brunch, fixed price, $35.

The New York Times

$55 fixed price.

The New York Times

$65 fixed price.

The New York Times

$42 fixed price.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

25 human-written examples

Fixed-price dinner $99 (at 121 yen to the dollar).

The New York Times - Travel

MC, V. Fixed-price four-course dinner $98 to $138.

The Washington Post

Get yourself on a fixed-price tariff right now.

The Guardian - Money

Many signed long-term fixed-price contracts.

The Economist

That was a fixed-price contract.

Massachusetts Institute of Technology

Expert writing Tips

Best practice

When using "fixed price" in contracts or agreements, ensure that all parties understand and agree to the terms, including what the price covers and any potential exceptions.

Common error

Avoid assuming that a "fixed price" covers all possible contingencies. Clearly define the scope of work or services included in the price to prevent disputes over unexpected costs or additional services.

Linguistic Context

The phrase "fixed price" functions as a noun phrase where the adjective "fixed" modifies the noun "price". It indicates a price that is set and not subject to change. Ludwig examples show usage in varied contexts such as contracts and menus.

Expression frequency: Very common

Frequent in

News & Media

42%

Academia

20%

Science

15%

Less common in

Wiki

5%

Formal & Business

5%

Reference

3%

Ludwig's WRAP-UP

The phrase "fixed price" is a common and grammatically correct term used to describe a cost that remains constant and does not fluctuate. Ludwig AI confirms its validity and widespread use. This phrase is frequently found in various contexts, including news reports, academic papers, and scientific articles. The linguistic analysis indicates that "fixed price" functions as a noun phrase, with a neutral register, conveying certainty in pricing. Related phrases such as "set price" and "flat rate" offer similar meanings. When using "fixed price", it's crucial to define its scope clearly to avoid misunderstandings about what is included. Understanding the context of "fixed price" is crucial for effective communication in business, finance, and everyday transactions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

set price

Replaces "fixed" with "set", implying a similar level of determination and lack of variability in the price.

predetermined price

Uses "predetermined" to emphasize the price was decided in advance.

established price

Suggests the price has been officially set or agreed upon.

non-negotiable price

Directly states that the price cannot be changed through bargaining.

flat rate

Implies a single, unchanging rate regardless of usage or other factors.

standard price

Indicates the price is typical or usual for the product or service.

agreed-upon price

Emphasizes a mutual agreement on the price between parties.

pre-arranged price

Similar to predetermined, highlighting the price was arranged beforehand.

unchanging price

Directly conveys the idea that the price remains the same.

guaranteed price

Suggests a promise that the price will not increase after agreement.

FAQs

How is "fixed price" used in a sentence?

You can use "fixed price" to describe an item or service that has a set cost. For instance, "The restaurant offers a "fixed price" menu for lunch."

What's an alternative to saying "fixed price"?

Depending on the context, you could use "set price", "predetermined price", or "flat rate" as alternatives to "fixed price".

What does a "fixed price" contract mean?

A "fixed price" contract means that the total cost for the project or service is agreed upon beforehand and will not change, regardless of the actual costs incurred by the provider.

Is "fixed price" the same as "fixed cost"?

While related, "fixed price" refers to the cost of a specific item or service, whereas "fixed cost" refers to business expenses that do not change with the level of production or sales.