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English definition of “firm”

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firm

adjective
 
 
/fɜːm/
agreed or decided and not likely to change: firm date/deadline I was given a firm deadline of April 30.firm bid/commitment The group said it has a firm commitment to sell two radio stations in Chicago to minority partners.firm order/offer They already have firm orders for much of the new stock.firm decision We haven't made a firm decision as yet.
FINANCE used to describe a price or level that is high and is likely to rise or stay high: Home prices are edging higher as builders pay record prices for lumber, and tight supplies should keep prices firm next year. →  See also steady
hold firm to remain at a high level: Top share prices held firm through to the close, with the main index up 27.8.
firmness noun [U]
(Definition of firm adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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