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Extended redemption penalty |
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Extended redemption penaltyThis 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 MatchesRedemption penalty overhangRedemption penalty overhangThis 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. Right of redemptionRight of redemptionThe right to recover property that has been attached by paying off the debt . Redemption priceRedemption priceSee: Call price Gross redemption yieldGross redemption yieldSee 'redemption yield'. Redemption dateRedemption dateThe actual date on which repayment of a bond or loan stock takes place. Further SuggestionsRedemption penaltiesRedemption fee Preferred equity redemption stock (PERC) Redemption charge right of redemption redemption price Mandatory redemption schedule Redemption date Redemption Overhanging redemption penalty Redemption Period redemption Redemption statement Redemption cushion redemption yield Redemption redemption fees Redemption Serial redemption |
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