Fixed Income

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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.
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References in periodicals archive ?
When the transaction matures, you'll have to set those flows so that those bonds, or whatever the underlying fixed incomes are, don't expose you to principal risk at maturity.

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