fixed charge

noun

: a regularly recurring expense (such as rent, taxes, or interest) that must be met when due

Examples of fixed charge in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
The fixed charge would start at $0.50 on Jan. 1, 2024 for customers on a five-eighths-inch-diameter meter and gradually increase to $4.25 by 2032. Joseph Flaherty, Arkansas Online, 14 Dec. 2022

Word History

First Known Use

circa 1901, in the meaning defined above

Time Traveler
The first known use of fixed charge was circa 1901

Dictionary Entries Near fixed charge

Cite this Entry

“Fixed charge.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fixed%20charge. Accessed 15 Nov. 2024.

Legal Definition

fixed charge

noun
: a regularly recurring expense (as rent, taxes, or interest) that must be met when due
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