fixed cost
4
3.7
- noun
- /fɪkst kɔst/
- Specialized
:
costo fijo
- When starting a business, it is crucial to calculate your fixed costs, like insurance and utility bills, to plan your budget.
- high fixed costs
You wouldn't expect to get extra fixed cost by adding a few buses, right?
- You wouldn't expect to get extra fixed cost by adding a few buses, right?
- So one standard story about algorithms is to say algorithms have a fixed cost plus a marginal cost.
Examples
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Even if many suppliers compete by selling water services through a single pipeline, the fixed costs of the pipeline still must be covered somehow.
Academic text (1998) -
The marginal benefit represents cost savings from adding new members because fixed costs are spread among more people.
Academic text (1998) -
Especially if you sell fewer copies, your fixed costs are spread over fewer sales.
Blog text (1) -
The fixed cost per unit doubled to $60, and the total cost to $120.
Academic text (1991) -
The resulting local currency pricing is thus a consequence of the size of the fixed cost of moving into the other market.
Academic text (2005) -
Well, that's the way they recover the fixed cost of the wires.
-
The company found itself with excess manufacturing capacity and high fixed costs at its New York facility," Tsai said.
Academic text (2010) -
Pre-defined costs: The fixed cost pricing model does not involve any hidden costs.
Blog text (9) -
First, I'd point out that your fixed costs exclude the biggest cost of all: depreciation!
Blog text (5) -
Hospitals often struggle with fixed costs, such as rent and salaries, that remain constant regardless of patient numbers.
Synonyms
1
2.9
Costs a business has to pay that do not change if production changes, like rent or insurance
A regular payment that does not change when business changes, like rent or insurance
How Certain
- Specialized
4
3.7
- Specialized
1
6.7
- Specialized
1
4.1
- Specialized
Surface Forms
Morphology
The meaning 'a cost that does not change with production' is directly and compositionally derived from 'fixed' (remaining the same) + 'cost' (monetary amount). Although used in a business/economic context, the lexical combination follows a straightforward modifier-noun pattern that a B1 learner who knows both words can readily infer.
Etymology
Fixed cost comes from the idea of something fixed, like a building or a machine that cannot move, and cost means a payment. So a fixed cost is a payment that 'stays the same' even if the company makes more or fewer products, for example rent or insurance.