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
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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.
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Joseph Flaherty, Arkansas Online, 14 Dec. 2022
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Joseph Flaherty, Arkansas Online, 14 Dec. 2022
Cite this Entry
“Fixed charge.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fixed%20charge. Accessed 3 Mar. 2025.
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