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TeachMeFinance.com - explain fixture fixture -- personal property that becomes real property upon being attached to real estate, such as a light fixture that is securely fastened to a wall or ceiling. historic definition... Fixture -- London money market term for a loan for a fixed period, as opposed to day-to-day money, which is repayable at call (on demand). About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.