fixed charge

American  

noun

1. an expense that cannot be modified.

2. a periodic obligation, as taxes, interest on bonds, etc.

3. fixed charges, such charges as depreciation, rent, interest, etc., arising out of the maintenance of fixed assets.

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fixed charge British  

noun

1. an invariable expense usually at regular intervals, such as rent

2. a legal charge on specific assets or property, as of a company

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Etymology

Origin of fixed charge

An Americanism dating back to 1890–95

Example Sentences

Connswater Shopping Centre in east Belfast is to close in two weeks, with direct fixed charge receivers appointed.

From BBC

The three big utilities had lobbied for the new fixed charge.

From Los Angeles Times

A California Assembly committee has advanced a bill that would require a legislative review of a controversial new monthly fixed charge on electric bills.

From Los Angeles Times

Several members of the Assembly Committee on Utilities and Energy said Wednesday that there should have been a discussion about the new fixed charge in 2022.

From Los Angeles Times

Regulators said the revenue from the fixed charge would be paired with a roughly 20 percent reduction in rates assessed by how many kilowatts of energy were used per hour by a home or business.

From New York Times