flat fee

Definitions

A fixed amount of money charged for a service, regardless of the time spent or the quantity of work performed.

A single, unchanging price applied to a transaction or contract.

Examples

The consultant charges a flat fee of five hundred dollars for the entire project.

We decided to pay a flat fee for the shipping rather than calculating costs by weight.

The law firm offers a flat fee for drafting simple wills and estate documents.

Synonyms

fixed rate all-inclusive price lump sum flat rate standard charge set fee inclusive fee

Antonyms

variable rate hourly rate sliding scale percentage-based fee commission tiered pricing usage-based billing