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

be in/out of luck

to be able/unable to have or do what you want

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More