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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.
Step Cost Definition. Step costs occur when companies move beyond the limits of their fixed cost structure. Fixed costs are typically fixed only for a certain range of business or production.ny cost that does not change from month to month is a fixed cost. The monthly amount your company spends on rent, administrative personnel, equipment leases, debt payments and technology support are all considered fixed.