Extended redemption penalty

 

Home
Site Map
Add Term
Search
About Us
Contributors

Extended redemption penalty

This is where the redemption penalty continues beyond a fixed or capped rate period, effectively tying you in to the much higher variable rate for a period of time after the fixed or capped period. As a result you get stuck paying an uncompetitive rate that eats into the gains you may have made from having the fixed rate or capped ratein the first place.



Extended redemption penalty

Similar Matches

Redemption

Redemption

This is the right of the mortgagor to recover mortgaged property on repayment of the loan and any interest due. This legally means that once you as the borrower have finished repaying the mortgage you took out, the property is yours and the lender has no further claim on it. If you pay of the mortgage ahead of schedule you may face a redemption penalty which compensates the lender for loss of interest.


Redemption cushion

Redemption cushion

The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).


Redemption date

Redemption date

The date on which a bond matures or is redeemed.


Redemption

Redemption

The process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale.


Preferred equity redemption stock (PERC)

Preferred equity redemption stock (PERC)

Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives.


Further Suggestions

Redemption charge
Redemption Period
Redemption penalty overhang
Redemption penalties
right of redemption
Redemption statement
gross redemption yield
Mandatory redemption schedule
Serial redemption
Right of redemption
Redemption price
redemption price
redemption
redemption fees
redemption date
redemption yield
Overhanging redemption penalty
Redemption fee
Redemption


 
All rights Reserved. Do not copy without permission.