Meaning of “fixed-interest security” in the English Dictionary

business-english dictionary

"fixed-interest security" in Business English

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fixed-interest securitynoun [ C ]

uk us 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)