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English definition of “fixed income”

fixed income

noun [C or U]     FINANCE
an income , for example from a pension , that does not change over a period of time : Many senior citizens live on fixed incomes .
investments that provide an income that does not change over a period of time : We can advise you on how to invest in fixed income ( bonds and gilts ).
(Definition of fixed income noun from the Cambridge Business English Dictionary © Cambridge University Press)
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