fixed cost Meaning in the Cambridge English Dictionary
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Meaning of “fixed cost” in the English Dictionary

"fixed cost" in Business English

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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 ​businessproduces: When you take 2,000 ​people out of your ​business you will inevitably have ​fixedcostreductions.
(Definition of fixed cost from the Cambridge Business English Dictionary © Cambridge University Press)
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