fixed charge


noun

an expense that cannot be modified.
a periodic obligation, as taxes, interest on bonds, etc.
fixed charges, such charges as depreciation, rent, interest, etc., arising out of the maintenance of fixed assets.

Origin of fixed charge

An Americanism dating back to 1890–95

British Dictionary definitions for fixed charge

fixed charge

noun

an invariable expense usually at regular intervals, such as rent
a legal charge on specific assets or property, as of a company