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