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.
References in periodicals archive ?
Peter Cordrey, Prudential Fixed Incomes Global Head of Product Management and Distribution, will be retiring in the fourth quarter of 2016 after a 20-year career with the firm, the company announced today.
I would like to take this opportunity to recognize Peter for a distinguished career and thank him for his many key contributions over the years to the success of Prudential Fixed Income, said Mr.
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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