释义 |
Fixed-dollar obligations Fixed-dollar obligationsConventional bonds for which the coupon rate is set at a fixed percentage of the par value.Fixed-Income SecurityA security with a guaranteed return. Common examples include bonds, which pay periodic coupons representing a certain interest rate, and preferred stocks, which are legally required to receive a specified dividend at certain times. Typically, fixed-income securities offer lower risk and lower returns than common stock and similar investment vehicles. |