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 ?
IN ADDITION TO SERVING THE BEST INTERESTS of clients, CPAs introducing such customized fixed-income portfolios also add value to their firm by broadening the relationship with the client, boosting overall revenue, contributing to stabilizing the firm's revenue profile and increasing the firm's ability to compete.
The Fixed-Income Securities Operations Conference has always provided a unique opportunity for those fulfilling this role to get together and share best practices.
The company provides fixed-income market data for the liquid fixed-income securities traded on its network.
Fixed-income securities are prominent on both the asset and liability sides of the balance sheet.
8 billion in equity and $1 billion in fixed-income business.
5 billion is in three fixed-income portfolios, whose investors include New York City Public Employees Retirement System, Comsat and IBM.
Despite its relative advantages both in measuring price volatility and in providing assistance for reducing the interest rate risk of a fixed-income portfolio, duration receives little coverage.