Definition of "fixed-term" []

• Only lasting for an pre-arranged time. (adjective)

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• "A typical deal to attract "negotiated" deposits might see a bank offering a corporate customer a premium of two percentage points above the benchmark five-year deposit rate of 5.25% in return for a fixed-term, five-year deposit of five million yuan $763,000 or more."
• "The job haemorrhage has hit young people hardest because most were on precarious fixed-term contracts before the crisis."
• "China's bank stocks outperformed as the latest rate increase is expected to widen interest margins as the central bank only increased rates for fixed-term deposits, and left the rates on demand deposits unchanged."