flat
/flæt/ adjective (flatter, flattest)Definition
› COMMERCE, FINANCE if profits, sales, etc. are flat, they are not growing or increasing: Demand for our machinery abroad is increasing, while growth is flat at home.
› STOCK MARKET if the stock market is flat, the prices of shares are not rising or falling: The market remained at 9,000 points after a flat day of trading yesterday.
› fixed and without any additional costs: He submitted a flat price for completing the work, including all labour and materials.
› HR used to describe the structure of an organization in which there are not many different levels of employees between the top and the bottom: Companies with a flat organizational structure can usually make decisions more quickly. → Compare hierarchical
(Definition of flat adjective from the Cambridge Business English Dictionary
© Cambridge University Press)
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