fixed cost/b> -- Any cost of production which does not vary significantly with the volume of output.
another definition...
Fixed Costs -- Costs of doing business such as rent, utilities, depreciation, taxes, etc., that remain generally the same regardless of the amount of sales of goods or services.
Michael Rodriguez is a seasoned investment strategist with over 20 years of experience in equity research and portfolio management. He has worked with major financial institutions including Goldman Sachs and Fidelity Investments. Michael specializes in value investing and helping investors understand market dynamics. He holds an MBA from Columbia Business School and is a Chartered Financial Analyst.