fixed charge Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “fixed charge” in the English Dictionary

"fixed charge" in Business English

See all translations

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)
What is the pronunciation of fixed charge?
Add Cambridge dictionaries to your browser to your website

“fixed charge” in Business English

Word of the Day

float

a large vehicle with a flat surface that is decorated and used in festivals

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More