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Definition
2024
fixed_income
fixed income
English
Noun
fixed
income
(
plural
fixed incomes
)
(
finance
)
Any type of
investment
under which the
borrower
/
issuer
is obliged to make
payments
of a fixed amount on a fixed schedule.
A personal income that does not vary over time, often predominantly from
pensions
or state
benefits
.
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