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fixed income

The correct spelling is fixed income.

How to pronounce fixed income

noun

Say it like: Fix-ed -inc-ome

The correct spelling is fixed income. Any type of investment under which the borrower/issuer is obliged to make payments of a fixed amount on a fixed schedule.

Usage Examples

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Definition

noun

  1. 1.Any type of investment under which the borrower/issuer is obliged to make payments of a fixed amount on a fixed schedule.
  2. 2.A personal income that does not vary over time, often predominantly from pensions or state benefits.

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