Fixed cost (definition) Fixed costs are expenses that stay the same no matter how much activity a business is doing. They’re the opposite of variable costs. Fixed costs have to be paid even if a business doesn’t do any trade for the day. They tend to include regular recurring costs ...
fixed costs inFinance topic From Longman Dictionary of Contemporary Englishˌfixed ˈcostsnoun[plural]technicalcosts, such asrent, that a business has to pay even when it is not producing anything→variable costsExamples from the Corpusfixed costs•ManySoutheasternutilitiesarehamstrungby highfixed ...
Define fixed costs. fixed costs synonyms, fixed costs pronunciation, fixed costs translation, English dictionary definition of fixed costs. pl n 1. another name for overheads 2. costs that do not vary with output Collins English Dictionary – Complete an
Both fixed andvariable costsare important metrics to understand when running your business. A fixed cost remains unchanged no matter how much product is produced and sold, while a variable cost varies in proportion to changes in your business activity. When the amount of product you produce increa...
Definition: A fixed cost is an expense that does not change as production volume increases or decreases within a relevant range. In other words, fixed costs are locked in place as long as operations stay within a certain size. Fixed costs are less controllable than variable costs because they...
Definition of Fixed costs coststhat do not change with increases or decreases in the volume of goods or services produced, within the relevant range. fixed costs coststhat do not depend on the level of output. Related Terms: Semi-fixed costs...
In this lesson, we looked at the difference between fixed costs and variable costs, and why understanding the difference between the two is important for would-be producers. We saw that the costs for entering a market are often fixed costs, whether it's the land and expertise necessary for ...
Definition and Guide All business expenses can be divided into two types of costs: fixed and variable. Fixed costs are those expenditures that do not change based on sales (or lack thereof). That is, they are set expenses the business has committed to that are not tied to production volume...
Financial Definition of Semi-fixed costs and related terms: Costs that are constant within a defined level of activity but that can increase or decrease w...
Define fixed incomes. fixed incomes synonyms, fixed incomes pronunciation, fixed incomes translation, English dictionary definition of fixed incomes. n. 1. A regular income that does not vary in amount: a retiree living on a fixed income. 2. Investments,