fixed income

fixed income definition - business

fixed income

Periodic income that remains unchanged over time. Owners of bonds, preferred stock, and many pensions and insurance annuities receive fixed incomes that are subject to declining purchasing power during periods of inflation.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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