FIXEDINCOME

Fixed income

Fixed income refers to any type of investment under which the borrower/issuer is obliged to make payments of a fixed amount on a fixed schedule: for example, if the borrower has to pay interest at a fixed rate once a year, and to repay the principal amount on maturity.

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fixed income

Noun

  1. Any type of investment under which the borrower/issuer is obliged to make payments of a fixed amount on a fixed schedule.
  2. A personal income that does not vary over time.


The above text is a snippet from Wiktionary: fixed income
and as such is available under the Creative Commons Attribution/Share-Alike License.

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