Flat rate

The Flat Rate refers to “A charge or level of payment that is the same in all cases”. This regards the regular amount a person is charged, whether it be in a given time period or per use. For example, in a majority of fitness centres, a person who is interested in signing up for the first time usually has to pay a specific signup fee. This fee is considered to be the Flat Rate that consumers pay, or is also known as the “Flat Fee”. Though it is subject to change, the pricing will never fluctuate per consumer or use. Flat rates stay the same regardless of amounts of customers. A flat fee, also referred to as a flat rate or a linear rate, refers to a pricing structure that charges a single fixed fee for a service, regardless of usage. Rarely, it may refer to a rate that does not vary with usage or time of use. Another term used is "flate", a hybrid of "flat" and "rate".