Fixed trust


 

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Fixed trust

A unit investment trust consisting of securities that were agreed upon at the time of investment and do not change.



Fixed trust

Similar Matches

Stepped fixed rate mortgage

Stepped fixed rate mortgage

Where the interest is, for example, fixed at one level for one year and then a slightly higher level for two further years. This is not as common as finding stepped discounted mortgages.


Fixed cost

Fixed cost

The cost that a firm bears if it produces at all and that is independent of its output. The presence of a fixed cost tends to imply increasing returns to scale. Contrasts with variable cost.


Fixed benefits

Fixed benefits

Payments to a beneficiary that are paid in fixed preset amounts and are not variable.


Fixed annuities

Fixed annuities

Contracts in which an insurance company or issuing financial institution pays a fixed dollar amount of money per period.


Fixed income securities

Fixed income securities

Investments that have specific interest rates, such as bonds.


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