fixed-income security
- A type of investment, like a bond, that guarantees a specific rate of return or income, often due to a predetermined interest rate or dividend
- The investor decided to purchase a fixed-income security to ensure a steady stream of income regardless of stock market fluctuations.
- The financial advisor recommended diversifying the portfolio with fixed-income securities for more stability.
- Despite the lower potential for high returns, the pension fund prioritized fixed-income securities for their consistent yield.
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