Fixed annuity definition is divided in two parts.

Fixed; Placed or fastened securely; made firm in position.
           Definite and unalterable.
           Permanent.
           Prearranged as to outcome or decision.
           Not volatile.
           To make firm or secure. To be firm or stable. equity index annuity

Annuity; Income.
             An income paid monthly, quarterly, simi-annually
             or annually.
             The right to receive such an allowance or the duty
             of paying it.

National Association of Insurance Commissioner
Buyer's Guide To Fixed Annuities.

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Equity Indexed Annuities are Fixed Indexed Annuities. Indexed Annuities are Fixed Index Annuities. An Index Annuity Is A Fixed Annuity. Equity Index Annuities are Indexed Annuities. Equity Index Annuities with no cap or upper limit are best for indexed annuity buyers. Fixed index annuities with a cap interest method are sold by most equity indexed annuity agents. We want to beat our competition by offering fixed index annuities best for you. No caps or index gain limit.