The Income/Outcome^® Contextuary

a visual glossary of corporate finance

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We use "business visualization" to graphically simplify complex business concepts (and increase business acumen). To get more information on business visualization, please see "The Company Board" (our business results visualizer) and Income/Outcome (our customizable business simulation).

The following are our generic explanations of common corporate financial terminology. Actual meanings can vary wildly from company to company; in order to have the correct internal definition you need to ask your Finance Department, "What do you mean by that?"

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Fixed Cost

A cost incurred in the general operations of the business that is not directly attributable to the costs of producing goods and services. These ‘Fixed’ or ‘Indirect’ costs will be incurred whether or not any sales are made during the period, thus the designation ‘Fixed’ as opposed to ‘Variable Costs’.

Full it flag term list.

The Income/Outcome® Contextuary

a visual glossary of corporate finance

Fixed Cost

The Income/Outcome^® Contextuary