Fixed benefits

FIXED BENEFITS - Payments to a beneficiary that are paid in fixed preset amounts and are not variable.
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fixed benefits Insurance payments to a beneficiary which are of a set, unchanging amount. fixed budget A budget which is made without regard to potential variations in business activity....

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

See also: Federal reserve board, Banks, Banking system, Financial needs approach, Administration