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Gross redemption yield |
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Gross redemption yieldSee 'redemption yield'.Similar MatchesPreferred 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. Redemption feesRedemption feesFees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase. Redemption dateRedemption dateThe actual date on which repayment of a bond or loan stock takes place. Redemption penaltiesRedemption penaltiesCharges paid to the lender in compensation for lost interest if you redeem your mortgage ahead of schedule. During a discount period you will be severely penalised if you try to switch to another product or mortgage provider. Penalties can be stepped just like discounts, and can be particularly severe within the first year. This is to ensure that the costs that the lender endures in setting up the mortgage are always covered. Penalties can be a fixed sum of money, though are often proportion of the loan. With cashback mortgages, you often have to repay the amount of money you received as cashback. Redemption priceRedemption priceSee: Call price Further SuggestionsRight of redemptionRedemption Redemption statement Redemption Redemption charge Mandatory redemption schedule Redemption date Extended redemption penalty Redemption fee redemption price redemption Serial redemption Redemption Period Overhanging redemption penalty redemption yield Redemption Redemption cushion right of redemption Redemption penalty overhang |
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