Business Terms and Jargon Explained

What is Fixed Cost

Are costs that are generally fixed in nature. They are not affected by volume or change if you increase productivity up to a point, e.g., staff costs or the office rent. They do not change for every item of productivity.

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Appropriate systems Barrister Fiat money
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Ad Hoc Trade secret In company Training
N379 Civil Court form Petition REDS
VIES Year to date To adduce
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Project support Office In terrorem End Use
Umbrella Fund Actuary Trade Creditors

Term created / updated 2005-07-16 23:12:15

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