To fix a price
Example: They fix a price in advance
Definition
"To fix a price" means to establish or set a specific amount of money that must be paid for a product or service, often agreed upon in advance to avoid changes or negotiations later.
Etymology
The phrase "to fix a price" originates from the use of the verb 'fix,' which historically meant to make firm or stable. 'Fix' comes from the Latin 'figere,' meaning 'to fasten or attach.' Over time, it extended metaphorically to setting prices firmly and unchangeably.
