firm price Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “firm price” in the English Dictionary

"firm price" in Business English

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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 ​firmprice 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 ​strongdemand for gypsum ​productsled to a 25% ​increase in ​operatingprofit.
(Definition of firm price from the Cambridge Business English Dictionary © Cambridge University Press)
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“firm price” in Business English

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