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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). 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.