A unit investment trust consisting of securities that were agreed upon at the time of investment and do not change.
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Fixed annuities
Fixed annuities Contracts in which an insurance company or issuing financial institution pays a fixed dollar amount of money per period.
Fixed asset
Fixed asset Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment. Intangible fixed assets include patents, trademarks, and customer recognition.