Usually means: Set cost, no negotiation allowed.
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We found 12 dictionaries that define the word fixed price:

General (9 matching dictionaries)
  1. fixed price: Merriam-Webster
  2. fixed-price, fixed-price: Collins English Dictionary
  3. Fixed-price, fixed-price: Wordnik
  4. fixed price: Infoplease Dictionary
  5. fixed-price, fixed price: Dictionary.com
  6. fixed-price: TheFreeDictionary.com
  7. Fixed price: Wikipedia, the Free Encyclopedia
  8. fixed price: Longman Dictionary of Contemporary English
  9. fixed price: Wiktionary

Business (3 matching dictionaries)
  1. fixed price: Financial dictionary
  2. Accounting, Business Studies and Economics Dictionary (No longer online)
  3. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (fixed price)

noun:  A price that is not subject to change, allowing for no bargaining, discounts, or alterations due to the price of resources.

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