In the era of file sharing, many files were downloaded incompletely. You might play "Rompe," and right before the final chorus, the audio cuts out, skips, or loops. A "Fixed" tag assures the downloader that the file has been verified to play from start to finish without interruptions.
The original "Rompe" has a very bright master. When compressed to 96kbps or 128kbps (common in old P2P downloads), high frequencies distort. The "S" and "Ch" sounds in Daddy Yankee’s vocals become harsh (sibilance). A version usually implies a bitrate of 320kbps or a properly encoded V0 (variable bitrate) that preserves the bass kick.