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. Fixed-income securities can be contrasted with equity securities, often referre... Found on http://en.wikipedia.org/wiki/Fixed_income
Securities that will only pay a fixed rate of interest. Due to the element of certainty, they will never yield the high returns of shares that do well. Found on http://www.encyclo.co.uk/local/21476
adjective (financial) of investments that pay a constant rate of return; `fixed-income investments do not protect an investor in times of rising inflation` Found on https://www.encyclo.co.uk/local/20974