Gross redemption yield
Gross redemption yieldSee 'redemption yield'.
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.
Redemption feesRedemption fees
Fees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase.
Redemption dateRedemption date
The actual date on which repayment of a bond or loan stock takes place.
Redemption penaltiesRedemption penalties
Charges 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 price
See: Call price
Further SuggestionsRight of redemption
Mandatory redemption schedule
Extended redemption penalty
Overhanging redemption penalty
right of redemption
Redemption penalty overhang