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What does fixed-term mean?

Looking for the meaning or definition of the word fixed-term? Here's what it means.

Adjective
  1. Only lasting for an pre-arranged time.
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Examples
However, the number of fixed-term employees in Australia remains relatively low by some international standards.
The main increase in temp work has been in fixed-term contracts, which form about half of all temporary employment and agency temping.
Broadcasters received fixed-term, renewable licenses that gave them exclusive use of a slice of the spectrum for free.
Fixed-term bonds generally offer a higher return than savings because you have to part with your money for longer.
I don't want to lock his money away, so I tend to ignore notice or fixed-term accounts.
One million fixed-term employees were given rights to equal treatment on pay, pensions, holidays, sick pay and training from last October.

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