standing cost
nounUK /ˈstændɪŋ kɒst/
US /ˈstændɪŋ kɔst/
A standing cost is money you must pay regularly, even if you don't use the thing.
The rent for the empty shop is a standing cost the owner pays every month.
RELATED WORDS
OTHER MEANINGS
2. A cost that does not change when the amount of work or goods changes.
Factory rent is a standing cost, no matter how many toys they make.
3. An ongoing charge for keeping a service or account open.
The bank charges a standing cost just to keep the account active.
4. The regular money needed to keep something running, like a club or a car.
Insurance is a standing cost of owning a car.