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fixed charge
noun
- an expense that cannot be modified.
- a periodic obligation, as taxes, interest on bonds, etc.
- fixed charges, such charges as depreciation, rent, interest, etc., arising out of the maintenance of fixed assets.
fixed charge
noun
- an invariable expense usually at regular intervals, such as rent
- a legal charge on specific assets or property, as of a company
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Word History and Origins
Origin of fixed charge1
An Americanism dating back to 1890–95
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