fixed charge
- noun
- /fɪkst ʧɑrdʒ/
- Specialized
- Every month, the restaurant owner pays a fixed charge for the lease on the building, regardless of how many customers visit.
Examples
-
Utilities have historically implemented either average-cost pricing or some form of marginal cost pricing plus fixed charges.
Academic text (2003) -
First, there is a fixed charge which can be thought of as a monthly connection fee.
Academic text (1991) -
Charge composition, I guess I think of it in terms of you either have a fixed charge or you don't.
-
There is a drive to replace fixed charges with fees tied proportionally to car use.
Academic text (1990) -
The utility's cost has three components: a fixed charge (S/year) that reflects the overall planning, design, and administration of the program.
Academic text (1992) -
My utility co-op has a fixed charge tariff for non-metered area lighting, something like $15/month since it is off-peak.
Blog text (5) -
For homeowners, a fixed charge for property insurance is added to the monthly budget, ensuring coverage throughout the year.
-
The gym membership includes a fixed charge each month, which remains the same regardless of how often I use the facilities.
Synonyms
A regular business cost that does not change when production changes, like rent and insurance
Costs a business has to pay that do not change if production changes, like rent or insurance
How Automatic
- Jargon
- Specialized
Surface Forms
Morphology
The meaning is directly compositional: 'fixed' = unchanging and 'charge' = a fee, so a 'fixed charge' straightforwardly means a fee that does not change. This adjective+noun combination follows a regular semantic composition pattern common across languages and should be understandable to a B1 learner who knows both words (aside from any specialist financial context).
Etymology
Fixed charge gives a simple picture: fixed means not moving and charge means a cost. So a fixed charge is a 'regular payment' that 'does not change' no matter how busy a business is.