Meaning of “fixed cost” in the English Dictionary


"fixed cost" in Business English

See all translations

fixed costnoun [ C, usually plural ]

uk us also fixed expense, standby cost

ACCOUNTING a cost such as wages, rent, and interest that does not change in relation to how much a business produces:

When you take 2,000 people out of your business you will inevitably have fixed cost reductions.

(Definition of “fixed cost” from the Cambridge Business English Dictionary © Cambridge University Press)