
flat fee
A flat fee is a set amount of money charged for a service, regardless of how long it takes or the complexity of the work. Instead of billing by hours or costs that vary, you pay one predetermined price that covers the entire service. This can provide clarity and budget certainty for clients, as they know exactly what they will pay upfront. Flat fees are common in various fields such as legal services, consulting, or dental procedures, making transactions straightforward and predictable.