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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
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
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Word History
First Known Use
circa 1901, in the meaning defined above
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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