Fixed Income

(redirected from Fixed income security)
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Related to Fixed income security: Fixed income instruments, Income Bonds

Fixed Income

1. An income that does not increase over time, except perhaps for inflation. For example, a retired person lives on a fixed income as he/she only receives payments from his/her pension, Social Security, or something similar. A person on a fixed income may have little leeway if prices rise significantly.

2. See: Fixed-income security.
References in periodicals archive ?
The yield of a fixed income security with n years to maturity is converted to a price on the basis of the assumption that the yield applies to a zero coupon bond (7).

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