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1. (Accounting & Book-keeping) another name for overheads
2. (Economics) costs that do not vary with output
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Those costs a firm has which do not vary with every change in output, e.g. the cost of machinery or buildings. These contrast with variable costs which do vary with output, e.g. the amount spent on materials used in the production process.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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|Noun||1.||fixed costs - a periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.)|
charge - the price charged for some article or service; "the admission charge"
cover charge, cover - a fixed charge by a restaurant or nightclub over and above the charge for food and drink
interest - a fixed charge for borrowing money; usually a percentage of the amount borrowed; "how much interest do you pay on your mortgage?"
fee - a fixed charge for a privilege or for professional services
due - a payment that is due (e.g., as the price of membership); "the society dropped him for non-payment of dues"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.