Meaning of fixed charge

fixed' charge'

Pronunciation: [key]
  1. an expense that cannot be modified.
  2. a periodic obligation, as taxes, interest on bonds, etc.
  3. such charges as depreciation, rent, interest, etc., arising out of the maintenance of fixed assets.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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