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

maiden

a girl or young woman

Word of the Day

Countability – grammar codes

by Dom Glennon​​,
November 26, 2014
Advices and informations Have you ever noticed strange codes in square brackets on entries in Cambridge Dictionaries Online and wondered what they mean? These are grammar codes, giving you a brief summary of how that word behaves grammatically. More information can be obtained by hovering your cursor over the code, and there’s

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More