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FLAC

FLAC Type: noun, acronym Pronunciation: /f-l-a-c/ Also spelled or known as: F-L-A-C, F.L.A.C., F L A C Related: AIFF, Wav, MP3 What does FLAC mean? Free lossless audio codec. FLAC stands for Free lossless audio codec. FLAC files are compressed to nearly half the size of WAV files, with the same sample rate. FLAC maintains […]

Flat Fee

Flat Fee Type: noun Pronunciation: /flat fee/ Also spelled or known as: Fixed Fee Plural: Flat Fees Related: Lump-Sum, Flat Rate What does Flat Fee mean? A predetermined payment that does not vary based on performance or usage. A Flat Fee is a one-time payment for services, licensing, performances, or creative work. Unlike royalty arrangements, […]