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step fixed costs definition, step fixed costs meaning | English dictionary. Search also in: Web News Encyclopedia Images. step. n. 1 the act of motion brought about by raising the foot and setting it down again in coordination with the transference of the weight of the body. 2 the distance or space covered by such a motion.
(redirected from Total fixed cost) Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia. Related to Total fixed cost: Total variable cost. A cost that is fixed in total for a given period of time and for given production levels. An expense that does not change from time period to time period. For example, a company may rent a piece of property for $4,000 per month.