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Fixed income

In financial terms, there is a concept called "fixed income", which refers to the stable and consistent earnings that do not change over a specific period. This could include the interest earned from bonds and debentures, or the dividends received from preference shares. It is important to differentiate this from the variable income that can come from ordinary shares, which may fluctuate based on market conditions. Understanding the distinction between these types of income is crucial in making informed financial decisions.
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