Fixed Expenses

Definition

  • Fixed business costs that do not change with the volume of business, such as rent for business premises, insurance payments, utilities, etc.

Synonyms
rigid expenses, constant expenses, static expenses

Acronyms
FE

Related Terms and Acronyms

  • Expense Definition,
    • Costs incurred through a business's operations.
  • Fixed Instalment Definition,
    • Periodic (usually monthly) payment on a loan whose sum does not vary.
  • Lease (lse) Abbreviation,
    • A written agreement in which the property owner allows a tenant to use property in exchange for rent, and for a specified period. Or, a written agreement in which a car dealer allows a consumer to use a vehicle in exchange for payments for a specified period.
  • Loss Definition,
    • When expenses are larger than revenues.
  • Operational Expenses (OpEx) Abbreviation,
    • Costs accruing from a business's business operations.
  • Other Income/Expenses Definition,
    • Any income or expenses earned or disbursed by a business that are not clearly associated to its core operations.
  • Premium Definition,
    • A payment made to an insurance company for insurance coverage.
  • Profit Definition,
    • When revenues exceed expenses.
  • Tax Deduction Definition,
    • An expense that governments allow you to subtract from your income before computing your income tax.
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