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fixed cost (DO)<br />A cost to an enterprise which is incurred even when that enterprise's output is zero. These costs occur in the short run. The principal examples of them are equipment COStS and the COStS of FACTORS OF PRODUCTION which a firm has contracted to pay for a minimum period of time, e.g. managerial staff. In the long term, all costs become variable as fixed capital can be changed and contracts revised.<br /><em>See also:</em> average total cost; circulating capital; human capital; quasi-fixed factor; variable cost
<strong>Automated Clearinghouse (ACH)</strong> – An overnight method of transferring funds electronically via the Federal Reserve.
& racial discrimination (J7)<br />Treating persons of another race unequally, especially with regard to wages and employment opportunities.<br /> See also: discrimination
minimum funding requirement (G2)<br />A financial rule compulsory for UK pro-
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