Definition, Meaning & Synonyms
flat-fee
noun
/flæt fiː/
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Definition
A fixed charge for services, regardless of the amount of work or time involved.
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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.
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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.
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Synonyms
- fixed fee
- set price
- standard charge