fixed costs
noun/ˌfɪkst ˈkɒsts/
/ˌfɪkst ˈkɔːsts/
[plural] (business)- the costs that a business must pay that do not change even if the amount of work produced changes
- Fixed costs include rent.
Definitions on the go
Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learner’s Dictionary app.
Check pronunciation:
fixed costs