fixed income

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English

[edit]

Noun

[edit]

fixed income (countable and uncountable, plural fixed incomes)

  1. (finance) 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, often predominantly from pensions or state benefits.