fixed income

The term "fixed income" is commonly used in finance to describe investments or income streams that provide regular, predictable payments.

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Definition

(technical, formal)An investment that provides regular, set payments, usually in the form of interest or dividends.

Bonds are a popular form of fixed income because they pay interest at regular intervals.

(formal)Income that remains constant over time, often derived from pensions or state benefits.

Retirees often rely on fixed income from their pensions to cover living expenses.

Terms that have similar or relatively close meanings to "fixed income":