Fixed exchange rate


An exchange rate that is officially controlled by the issuing country rather than determined by the world currency market conditions. (Compare floating exchange rate.)

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  • Fixed-focus camera

    [fikst-foh-kuh s] /ˈfɪkstˈfoʊ kəs/ noun 1. a camera with an unadjustable focal length and with a relatively large depth of field.

  • Fixed-gear

    [fikst-geer] /ˈfɪkstˈgɪər/ noun 1. Also called fixed-gear bicycle; Informal, fixie. a bicycle having a single-gear system and lacking a freewheel mechanism, so that the wheels only move when the pedals move. 2. such a gear system: The bike has a fixed gear.

  • Fixed-head

    noun 1. a recording head in a tape recorder or disk drive that cannot be moved relative to the center of the disk, offering reduced access time.

  • Fixed-idea

    noun 1. a persistent or obsessing idea, often delusional, that can, in extreme form, be a symptom of psychosis. noun 1. an idea, esp one of an obsessional nature, that is persistently maintained and not subject to change Also idée fixe fixed idea n. An often unreasonable idea or feeling that persists despite evidence to […]

  • Fixed-income

    [fikst-in-kuhm] /ˈfɪkstˈɪn kʌm/ adjective 1. gaining or yielding a more or less uniform rate of income.


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