Definition of fixed costs noun from the Oxford Advanced Learner's Dictionary


fixed costs

BrE BrE//ˌfɪkst ˈkɒsts//
; NAmE NAmE//ˌfɪkst ˈkɔːsts//
[plural] (business) Running a business
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the costs that a business must pay that do not change even if the amount of work produced changes See related entries: Running a business
See the Oxford Advanced American Dictionary entry: fixed costs