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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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