- a cost unvarying with a change in the volume of business (distinguished from variable cost).
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- another name for overheads
- costs that do not vary with output
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012