Define: Fixed Value

The meaning of “Fixed Value” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Fixed Value defined in a legal contract?

  • Fixed Value means the interpretation contained in the relevant [clause] of this contract. Seen in 2 SEC filings
  • Fixed Value means the definition given to such term in the relevant [clause]. Seen in 1 SEC filing
  • Fixed Value means the value corresponding to the designated part of a [organization]'s work and a variable part valued approximately at a certain [number]. The Fixed Value and associated work will not be modified due to changes in the prices of raw materials, labor or the quotes from suppliers. The variable part's value shall be changed to reflect any difference between the actual cost of the variable part of the work and the approximated amount quoted, subject to the understanding that a certain party shall have the rights to join the [organization]'s efforts to get low quotes from material, equipment or labor suppliers. Seen in 1 SEC filing
  • Fixed Value means the Initial Average Purchaser Stock Price multiplied by the Stock Portion. Seen in 1 SEC filing
  • Fixed Value means in relation to a NSMH Share, whichever is higher. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of fixed value' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Fixed Value means the established worth as determined by [clause] or [agreement].

Relevant Contract Type

Relevant Circumstances

  • Defining the value of a product or property
  • Establishing terms for a purchase or sale
  • Setting the worth of assets in a legal agreement

Relevant Sectors

Genie Definition 2

  • Fixed Value means the value of a designated part of an [organization]'s work and a variable component.

Relevant Contract Type

Relevant Circumstances

  • Quantifying the value of labor, resources, or materials
  • Defining parameters for scope of work
  • Stipulating costs in a supply contract

Relevant Sectors

I trust these examples provide a comprehensive answer. Please let me know if you require additional information.

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Fixed Value" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Fixed Value'?

Fixed Value means the established worth as determined by [clause] or [agreement]

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