fixed charge Meaning in the Cambridge English Dictionary

Meaning of “fixed charge” in the English Dictionary

"fixed charge" in Business English

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fixed chargenoun [C]

uk   us  
ACCOUNTING a ​businesscost 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 ​fixedcharges.
a ​regularamount of ​moneypaid for something, that does not ​change: Consumers and ​smallbusinesses can ​gainunlimited Net ​access by ​paying a ​singlefixedcharge 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 ​legalright to ​payment from a ​borrowerahead of all other ​creditors.
(Definition of fixed charge from the Cambridge Business English Dictionary © Cambridge University Press)
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“fixed charge” in Business English

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