firm price
noun[C]
ukusFINANCE
apricethat has beenarrangedand that will notchange:
While the mall'sownershave put nofirmpriceon theexpansion, they have said it willreachat least $1billion.
COMMERCE,FINANCE
apricethat is not going down and may go up:
Firmpricesandstrongdemandforgypsumproductsledto a 25%increaseinoperatingprofit.