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English definition of “fixed-interest security”

fixed-interest security

noun [C]
 
 
(plural fixed-interest securities) (also fixed-interest investment)
FINANCE an investment, such as a bond, that pays interest at a rate that does not change: Most of the plans invest in a portfolio of equities and fixed-interest securities.
(Definition of fixed-interest security from the Cambridge Business English Dictionary © Cambridge University Press)
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