Weba fixed income. (2) : firmly set in the mind. a fixed idea. (3) : having a final or crystallized form or character. (4) : recurring on the same date from year to year. fixed holidays. WebJun 28, 2024 · Wikipedia puts it another way: “Fixed income refers to any type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example, the borrower may have to pay interest at a fixed rate once a year, and to repay the principal amount on maturity.”
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