La palabra del día: Renta fija/variable

Feminine noun. Renta fija is a type of investment made up of all financial assets in which the issuer is obliged to make payments in an amount and in a previously established period of time.
Renta variable instead, is a type of investment formed by all those financial assets in which the profitability is uncertain. That is, the return is not guaranteed or the return of the invested capital or the return of the asset.
E.g.: El mercado de renta fija privada muestra también un alto grado de integración, y se ha progresado en la integración de los mercados de renta variable: The corporate bond market also shows a high degree of integration, and progress has been made in the integration of equity markets. dc