Definition of "fixed costs" [fixed costs]

• A cost of business which does not vary with output or sales; overheads. (noun)

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• "In fact, between these fixed costs and the added expenses of a working mother (particularly day care and a second car), the average two-income family has less discretionary income-and is less financially secure-than its single-earner counterpart thirty years ago."
• "A number of other ideas were forced on these inventors by larger social forces in society, in particular the need to treat workers as fixed costs once it became apparent that hire-and-fire labor policies would be strenuously resisted by employees."