Definition of fixed costs in English:
Business costs, such as rent, that are constant whatever the quantity of goods or services produced.
- You have fixed costs, you have variable costs, and you have profit margins.
- The fixed costs, variable costs, the interest expense and depreciation are allowable deductions.
- Railroads could not recover their fixed costs by offering prices that covered only the marginal costs of the interstate trip.
Definition of fixed costs in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.