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Fixed Costs (Noun)

Meaning

A periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.).

Classification

Nouns denoting possession and transfer of possession.

Examples

  • The company's fixed costs included salaries, insurance premiums, and the lease on the building.
  • High fixed costs were eating into the restaurant's profits during the off-season.
  • Fixed costs, such as property taxes and interest on the mortgage, had increased significantly.
  • Rent was the company's largest fixed cost, taking up over a quarter of the annual budget.
  • Utility bills, security systems, and building maintenance were among the bank's unavoidable fixed costs.

Synonyms

  • Fixed Cost
  • Fixed Charge

Hypernyms

  • Charge

Hyponyms

  • Fee
  • Cover
  • Due
  • Cover Charge
  • Interest
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