Fixed Income Security
From Open Risk Manual
Definition
Fixed Income Security. A tradeable debt instrument that provides a return in the form of fixed periodic interest payments and the eventual return of principal at maturity
Unlike variable-income securities, where payments change based on some underlying measure, such as short-term interest rates, the payments of a fixed-income security are known in advance.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Fixed Income Security"
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