fixed charge - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “fixed charge”

fixed charge

noun [C]
 
 
ACCOUNTING a business cost such as rent, interest, and insurance that does not change with the amount of business that a company does: The company's statement of income and ratio of earnings to fixed charges.
a regular amount of money paid for something, that does not change: Consumers and small businesses can gain unlimited Net access by paying a single fixed charge each month.
FINANCE, LAW an arrangement in which a lender has the right to take and sell a particular asset from a borrower if the borrower does not pay the loan back: Fixed charges give banks the legal right to payment from a borrower ahead of all other creditors. →  Compare floating charge
(Definition of fixed charge from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of fixed charge?
Add Cambridge dictionaries to your browser to your website

Word of the Day

intellectualize

to think about or discuss a subject in a detailed and intellectual way, without involving your emotions or feelings

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More