The practice of arbitrarily setting the price of a good or commodity. Fixing represents a refusal to allow the forces of a free market to determine the price of the good. It can be either legal or illegal depending upon who mandates the fix, such as the government or a group of merchants. Although, "fixing" usually refers to "price fixing," it can be applied to input costs or fixing supply. For example, governments can mandate the quantity goods produced in a region.

Fixing can take many forms. OPEC artificially quadrupled the price of oil in the 1970s and effectively cut off its supply to much of the western world. Cartels are formed for the purpose of fixing the price of one or more of the goods that they produce, such as oil or other commodities. Capitalist governments also fix the prices of certain goods to promote smaller companies to enter the industry.

Investment dictionary. . 2012.

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  • -fixing — suffix ► dishonest activity to make certain that a competition, race, or election is won by a particular person, organization, etc.: game fixing/grade fixing/match fixing »The board will continue its investigation with a view to determining… …   Financial and business terms

  • fixing — FÍXING s. (EC., fin.) cotaţie, cotă. (fixingul dolarului.) Trimis de siveco, 05.08.2004. Sursa: Sinonime  fíxing s. n. Trimis de siveco, 10.08.2004. Sursa: Dicţionar ortografic  FÍXING s. n. operaţie de stabilire a cursurilor valutare sau a… …   Dicționar Român

  • fixing — ● fixing nom masculin (anglais fixing) Mode de cotation des titres consistant à confronter les ordres d achat et les ordres de vente seulement une ou deux fois par jour. Procédure utilisée pour certains titres trop peu liquides pour être cotés en …   Encyclopédie Universelle

  • Fixing — Fix ing (f[i^]ks [i^]ng), n. 1. The act or process of making fixed. [1913 Webster] 2. That which is fixed; a fixture. [1913 Webster] 3. pl. Arrangements; embellishments; trimmings; accompaniments. [Colloq. U.S.] [1913 Webster] …   The Collaborative International Dictionary of English

  • fixing — index attachment (act of affixing), designation (naming), renewal, repair Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • fixing — / fiksiŋ/, it. / fiksing/ s. ingl. [der. di (to ) fix fissare ], usato in ital. al masch. (finanz.) [nel linguaggio di borsa, definizione ufficiale del prezzo medio a cui sono stati acquistati e venduti metalli preziosi e valute durante la… …   Enciclopedia Italiana

  • fixing — /ˈfiksin(g), ingl. ˈfɪksɪŋ/ [vc. ingl., propriamente «fissaggio», da to fix «fissare»] s. m. inv. (borsa) prezzo, quotazione □ (est.) chiusura …   Sinonimi e Contrari. Terza edizione

  • Fixing — Le fixing est un mode de cotation sur les marchés financiers, c est à dire une méthode de fixation du prix par rencontre de l offre et de la demande sur les marchés financiers. Sur un marché de fixing, les titres financiers concernés sont cotés… …   Wikipédia en Français

  • fixing — Procedure in NTS (New Trading System) on the base of which prices are fixed. NYSE Euronext Glossary * * * fixing UK US /ˈfɪksɪŋ/ noun [C or U] ► FINANCE the process of setting the price of something, especially gold, according to supply and… …   Financial and business terms

  • Fixing — Fị|xing 〈n. 15〉 Festlegung der Börsenkurse [engl., „Festlegung, Bestimmung“] * * * Fị|xing, das; s, s [engl. fixing, zu: to fix = festmachen, bestimmen] (Börsenw.): an der Börse (dreimal täglich) erfolgende Feststellung der Devisenkurse. * * *… …   Universal-Lexikon

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