fixed charge

Definition of "fixed charge"
  1. A constant expense that must be paid on a regular basis, which can include items such as rent, taxes or interest
How to use "fixed charge" in a sentence
  1. The monthly fixed charge for the company included the office rent and the property taxes.
  2. The firm had difficulty paying its fixed charge due to a sudden decrease in revenue.
  3. The business plan must account for all fixed charges to ensure financial stability.

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