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fixed cost
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   Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia 0.28 sec.

fixed cost

Or overhead cost. Cost which does not vary directly with output (not a variable or direct cost), but remains constant as output increases. For example, a company may increase its output by one third; variable costs will increase in proportion with this but fixed costs will stay the same.


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? Mentioned in ? References in periodicals archive
 
A quick guide for analysis of loss-cost metrics recognizes that, on average, fixed costs represent just 20% to 25% of total program costs.
Fixed costs are those that were present even before we opened the door to the first patient or even if no patients were ever seen.
The closure of the plant, which employs 340 workers, is expected to reduce fixed costs in 2006 by $25 million.
 
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