Meaning of “firm price” in the English Dictionary

"firm price" in Business English

See all translations

firm pricenoun [ C ]

uk us

FINANCE a price that has been arranged and that will not change:

While the mall's owners have put no firm price on the expansion, they have said it will reach at least $1 billion.

COMMERCE, FINANCE a price that is not going down and may go up:

Firm prices and strong demand for gypsum products led to a 25% increase in operating profit.

(Definition of “firm price” from the Cambridge Business English Dictionary © Cambridge University Press)