Fixed Income Security
/ˈfɪkst ˈɪnkʌm sɪˈkjʊərəti/
Definitions
- (n.) A type of investment representing an ownership of debt that pays returns at fixed intervals and amounts, often used by legal entities to manage risk and ensure steady cash flow.
The trust invested in fixed income securities to secure a predictable revenue stream for its beneficiaries.
Forms
- fixed income security
- fixed income securities
Related terms
See also
Commentary
In legal drafting, it's important to specify the nature of fixed income securities to distinguish them from equity interests, highlighting their debt-character and payment reliability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.