Gross redemption yield
Gross redemption yieldSee 'redemption yield'.
Redemption cushionRedemption cushion
The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).
Redemption statementRedemption statement
The outstanding amount to be repaid on an existing mortgage. Redundancy insurance Another form of income protection, but one that does not cover any form of sickness, injury or disability. The purpose of this type of policy is to replace income lost through a short to medium term period of redundancy. It provides you with a monthly tax-free income to cover a portion of your lost earnings. It is often sold in conjunction with the accident, sickness and disability element of income protection policies, in which case it is known as Accident, Sickness and Unemployment (ASU).
Mandatory redemption scheduleMandatory redemption schedule
Schedule according to which bond sinking fund payments must be made.
Serial redemptionSerial redemption
The redemption of a serial bond.
Redemption dateRedemption date
The actual date on which repayment of a bond or loan stock takes place.
right of redemption
Right of redemption
Redemption penalty overhang
Preferred equity redemption stock (PERC)
Extended redemption penalty
Overhanging redemption penalty