fixed costs
(fixed-costs)
2 syllables
Definition
plural noun. expenses that do not change with the level of goods or services produced by a business; they remain constant regardless of the output.
Example Sentence
The fixed costs of running the business included rent and salaries, which remained the same each month.
More Example Sentences
Understanding fixed costs is essential for budgeting and financial planning.
Synonyms
overhead; operating expenses; constant expenses
Antonyms
variable costs; fluctuating expenses; direct costs
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fixed costs