flat rate

flat rate definition - business

flat rate

  1. Describing a product or service price that remains the same regardless of quantity. For example, most local telephone service requires the same monthly rate regardless of the number or length of local calls.
  2. In advertising, a pricing schedule that does not include discounts for time or for quantity of space.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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