Investments with specified payment dates and amounts, primarily bonds. Risk will vary, depending on the type, quality, and maturity of the security.
securities that generate a defined set of payments, such as interest or dividend income, including bonds, debentures and preferred shares.
The category of investment vehicles that offer a fixed periodic return. A fixed income security is a security or certificate showing that the investor has lent money to the issuer, who is usually a company or government, in return for fixed interest income and repayment of the principal at maturity.