Definition, Meaning & Synonyms

flat-fee

noun
/flæt fiː/
Definition
A fixed charge for services, regardless of the amount of work or time involved.
Examples
  • Many lawyers offer a flat-fee arrangement for certain legal services.
  • The subscription model provides a flat-fee for unlimited access to online classes.
  • Choosing a flat-fee service can simplify budgeting for home repairs.
Meaning
A flat-fee is a pricing structure where a customer pays a single price for a service, which doesn’t vary based on the time spent or the number of services rendered.
Synonyms
  • fixed fee
  • set price
  • standard charge