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English definition of “fixing”

fixing

noun [C or U]
 
 
/ˈfɪksɪŋ/
FINANCE the process of setting the price of something, especially gold, according to supply and demand: At the start of each fixing, the chairman of the gold fixing board announces an opening price to the other four members.
(Definition of fixing noun from the Cambridge Business English Dictionary © Cambridge University Press)
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