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What are fixed costs?

What are fixed costs? Here are some definitions.

Noun
  1. plural of fixed cost
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They have laid off staff and renegotiated fixed costs, from lease payments to Internet access.
The fixed costs, variable costs, the interest expense and depreciation are allowable deductions.
However, he said the hotel business had changed over the past decade, with fixed costs a growing concern.
Main financial variables were hospital operating costs, fixed costs, and variable costs.
You have fixed costs, you have variable costs, and you have profit margins.
In fact, as the business grows and increases its fixed costs, its operating profit margins are likely to suffer in the short run.

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