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Tags: financial asset
Categories: Economics & Finance
A debt instrument such as a bond, debenture or gilt-edged bond that investors use to loan money to a company in exchange for interest payments. A fixed-interest security pays a specified rate of interest that does not change over the life of the instrument. The face value is returned when the security matures.
(source: http://www.investopedia.com/terms/f/fixed-interest-security.asp)
